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Zongshen PEM Power Systems Inc. is a Toronto Stock Exchange listed (TSX: ZPP), China-based manufacturing company focused on the development and commercialization of environmentally friendly two and three wheel vehicles. ZPP plans to leverage the resources of its major shareholder, Zongshen Industrial Group ("Zongshen Group"), to become a leading provider of low emission and alternative power systems and products, including low emission and electric vehicles. The first products to be commercialized are small gas and electric bikes and motorcycles ("e-bike"). These low-cost, high quality, environmentally friendly low emission small gas bikes, electric motorcycles, electric bicycles and other e-vehicles are manufactured at ZPP facilities in China and sold in the growing domestic and international markets. ZPP plans to expand its offering of alternative power system products, including advanced battery technologies through research and development, licensing and acquisitions.