Wuyang-Honda Motorcycle (Guangzhou) Co., Ltd. is a Sino-Japanese joint venture jointly invested by Guangzhou Automobile Group Co., Ltd., Honda Technical Research Industry Co., Ltd. and Honda Technical Research Industry (China) Investment Co., Ltd., which was established in 1992 with a contract term of 30 years and a registered capital of 30 million US dollars, with 50% shares held by both China and Japan.