Over a plate of chicken wings and water (no ice) for lunch, Mr. Guogui Lai talked with excitement about the past, present and future of CFMOTO. Mr. Lai has every reason to be excited. His company — yes, he owns CFMOTO Power Co. Ltd., the parent company of Minnesota-based CFMOTO Powersports — has made tremendous gains in 2012, both domestically in China and abroad.
Mr. Lai has made strides on the American culture front as well in 2012. His blog recently included a post about his trip to the Gateway Arch in St. Louis, in addition to finding a tasty plate of wings in Arkansas while visiting dealers on a four-day southern circuit.
Mr. Lai established his motorcycle and ATV manufacturing business in 1989, and holds the titles of president of Chunfeng Holding Group Co., Ltd. and chairman of the board of Zhejiang CFMoto Power Co. Ltd. And while his titles are lofty, his down-to-earth demeanor has helped him grow the business to its current state in Hangzhou City, Zhejiang Province.
With interpretation provided by Ivan Tan, Mr. Lai’s traveling secretary, Powersports Business learned more about CFMOTO Powersports, the exclusive U.S. distributor of CFMOTO.
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Credit: Dave McMahon, Senior Editor