Reborn in 2005: From Electric Scooter Factory to Tech Giant

In 2005, Xu Yi was reborn and took over an electric vehicle factory on the verge of bankruptcy: 368 employees, 11,260 unsold vehicles, 1.38 million in cash, and 10.8 million in debt.

Armed with a vision for industry two decades ahead of its time and the “Industrial Rubik’s Cube,” he started with a single battery, then built electric vehicles, made phones, and expanded into cars and chips, bringing cutting-edge technology into households across the country.

Years later, the spark kindled by Suiguang had lit up a new era for Chinese manufacturing.