Dongfeng Dana Axle Co., Ltd. (DDAC) was established on June 28, 2005 as the joint venture between Dongfeng Motor Co., Ltd. and US Dana. Each party holds 50% equity. DDAC is the biggest commercial vehicle axle company in Asia. The total active employees of DDAC are more than 6,000 and about 400 of them are engineers. The total assets of the company is 1.64 billion RMB and the net assets is 0.9 billion RMB. The company has four plants (Shiyan Axle plant, Shiyan Component Plant, Xiangfan Axle plant and Xiamen axle plant) and the total area is 800,000 M2, and has 5,000 sets of equipment for machining, heat treatment, forging, stamping, painting, and induction treatment etc. It has an annual capacity of 760,000 sets of axle assembly, and 800,000 sets of gear. DDAC has a broad range of products including HD, MD, LD and Mini commercial vehicle axle, about five categories, 40 series and 1,700 kinds of products. Recent years, the company has paid much attention to technology improvement and product R&D, not only improving the existing products but also developing new products, such as 13T single driving axle, 13T wheel-end reduction axle, and low-floor axle for low-floor bus etc. The strong R&D ability and good quality of products make DDAC keep ahead in axle fields and win the trust of Dongfeng Commercial Vehicle Co., and other customers. In 2007, the company holds 25% market share of medium and heavy duty axle in China. In the following five years, DDAC will introduce products from Dana, and invest 80 million RMB on technology improvement and R&D ability. It will establish a more competitive R&D Center and carry out the cooperation and integration with Dana's R&D center on technology. The company can not only satisfy the development needs of domestic vehicle, but also implement product development following the advanced technology of international competitors. In this way, DDAC will realize the transformation from a domestic top axle supplier to an international top axle supplier.