Tongxin International Ltd. (NASDAQ: TXIC) through its initial combination of its wholly owned subsidiary, Hunan Tongxin Enterprise Ltd. (“Hunan Tongxin”), the Company’s core business designs, manufactures, and sells Engineered Vehicle Body Structures (“EVBS”) for light, medium and heavy duty trucks and commercial vehicles in China. As one of China’s leading manufacturers, Tongxin also designs, fabricates and tests dies and molds used for use by manufacturers in the commercial vehicle industry. Tongxin International is pursuing acquisitions/J-V’s in the automotive industry for mass passenger vehicles (buses) and related automotive parts.
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