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Lifan Group was founded in 1992. After 25 years of hard working, Lifan has quickly developed into a large private enterprise with new energy industry as the strategic development direction, integrating scientific research, development, production and sale (including export) of automobile, motorcycle and engine and investment finance.
At present, the company has 10,481 employees, including over 8,133 employees with technical secondary school and junior college educational background. Lifan has been selected as top 500 Chinese enterprises for several years and it’s ranking the first in Chongqing motorcycle industry. Lifan Industrial (Group) Co., Ltd. was successfully listed at Shanghai Stock Exchange, with stock code of 601777. It issued 200 million shares for the first time and raised capital of 2.9 billion yuan. It’s the first private passenger vehicle enterprise with A-share listing. On Feb. 28, 2014, the first private enterprise finance company of Chongqing---Chongqing Lifan Finance Co., Ltd. was formally opened and won Financial Permit of the People’s Republic of China.
So far, Lifan has totally 10,413 patent applications (including overseas patent application) and 8,901 authorized patents. All indicators occupy the leading position in the industry of China and it’s a large private enterprise taxpayer in Chongqing.
Lifan Group became the majority shareholders of Chongqing Special Vehicle Chief Factory and established Chongqing Lifan Passenger Vehicle Co., Ltd to enter automobile industry.
National Development and Reform Commission approved Lifan sedan program.
A worldwide Lifan520 Launching Ceremony was held successfully. Lifan launched its first own-brand cars------Lifan520.
Lifan, as the only enterprise in Chongqing, was appraised as one of 60 Chinese enterprises which can realize internationalization by the IBM Institute for Business Value.
Lifan Motors passed European impact test becoming the first Chinese sedan brand that passed this test once.
LF520 off lined in Russian Derways factory.
LF520 sedans off lined in Holland Car factory in Ethiopia which indicated that Lifan Motors entered the east market in Africa.
Lifan Motors passed E-NCAP64 impact test in Russia achieving the super-3-star standard which broke the record that Chinese sedans didi in this test.
LIFAN was listed in “Top Enterprises in China” of Forbes for 2008, ranking the 88th.
LF520 off lined in KMC factory in Iran which indicated that Lifan Motors marched towards Middle East market.
LF520 CNG was listed in “World Cleanest Car of Forbes” being the only Chinese brand in the list.
Lifan Motors declared its view in Greek Auto Show becoming the first Chinese sedan brand that entered EU market.
Lifan Motors KD plant in Uruguay, South America has been built and put into production. The design production capacity is 40,000 units. This is the sixth overseas KD plant of Lifan Motors.
LIFAN520 officially off-lined in Ethiopia.
The first-phase project of Lifan automobile engines manufacturing and research base was put into production, which was domestically advanced engine research and manufacturing base.
The second-phase plant of Lifan Motors and Lifan minivan plant were put into production at the beginning of 2010; the annual production capacity of the sedans has reached to 250,000 units as well as 50,000 units for the minivans.
Lifan KD project in Azerbaijan was officially put into operation.
Lifan Group and Chinese Academy of Sciences officially unveiled Shanghai Zhongke-Lifan Vehicle Co., Ltd. in Shanghai. It indicated that Lifan Group has formally launched new energy strategy.
Lifan KD plant in Iraq was officially put into production. The annual production capacity is 6000 units. Currently the plant mainly assembles Lifan620 and other Lifan models. This is the seventh KD plant that Lifan Motors has established at abroad.
Lifan Industry (Group) Co., Ltd is successfully listed in China Shanghai Stock Exchange. It is the first listing private enterprise in the field of automobiles and motorcycles in China.
The Lifan720 was unveiled at Shanghai Auto Show in April 2011 along with the Lifan X60 SUV which was officially launched. In April 2011, Lifan officially started work on the development of the Lifan820 and larger SUV projects. The Lifan820 will be a B-Class sedan, and the the larger SUV will be based on an extended XC60 platform.
Lifan signed a contract with the British engineering company, Ricardo,in Chongqing on joint development of a 1.2L Turbo-charged Direct Injection Engine. This Engine adopts advanced gasoline engine technique: turbo-charged, direct injection, dual VVT (inlet and exhaust VVT), which make its max power on par with a 2.0L naturally aspirated engine engine. The displacement of this engine reaches Euro V standard, with potential of Euro VI standard.
Lifan held a global launching ceremony at the Dubai Auto Show for the Lifan XC60 SUV.Lifan Motors has stepped forward to explore the global auto market.
Lifan Group, together with the Massachusetts Institute of Technology, held a press conference in Chongqing, and signed a cooperation contract which announced that Lifan Group officially joined the Industrial Liaison Program of MIT.
Lifan Group established LLC Lifan Motors Rus, commencing to cover sales network, marketing, brand promotion and after services. Lifan Motors tops all for sales among Chinese auto brands in Russia.
Lifan & Ricardo reached agreement to co-develop new 1.4 liter Turbo Direct Injection gasoline engine.
Lifan 320 racing team won the Uruguayan national rally Champion. This is the first time that Chinese brand won the rally overseas. Before this, Lifan 320 has made significant performance in all kinds of rally in China and won 18 championships.
Lifan Group invested RMB 477 million in building brand new R & D center and put into operation. The newly built R & D center includes auto and motorcycle development building and a test center, bringing in more advanced auto and motorcycle R&D, test and related auxiliary facilities, symbolizing that Lifan Motors had moved forward to a new stage in production and R&D.
The first authorized private finance company Chongqing Lifan Finance Co., Ltd. was officially established, which was of great significance to the upstream and downstream capital integration of Lifan industry chain. It facilitates the company to broaden the capital source and improve capital usage efficiency.
Lifan auto engine plant in Uruguay started trial production. It is estimated that the comprehensive production will be made at the end of 2014, with the annual production capacity of 30,000 engines.
Lifan Motors and its partner—ZAM ZAM SPRING, the largest state-owned auto company in Iraq, held the off-line ceremony in the first auto assembly plant in Iraq, indicating Lifan Motors has realized local CKD assembly in Iraq.
The direct sales company of Lifan Motors in Ethiopia held new plant off line and Lifan 530 launching ceremony at Eastern Industrial Zone in Ethiopia. The president of Ethiopia Mulatu Teshome unveiled for the new model Lifan 530 and named it DUKEM530.
The new energy automobile plant that Lifan invested 2.2 billion RMB in Jiyuan, Henan officially put into operation, indicating that the national first enterprise owning both sedan and new energy electric car qualifications started to sell low-speed electric car.
Lifan Motors and Russian Lipetsk State government signed the investment proposal agreement in Moscow White House ( the government building of Russia). Lifan Motors will invest nearly 300 million USD in establishing brand new whole unit factory in Lipetsk State. The board chairman of Lifan Group Yin Mingshan and the governor of Lipetsk State Gonolev together signed the agreement. The premier of Chinese State Council Li Keqiang and the premier of Russia Medvedev presented and witnessed the signing ceremony.
Address：No. 16, Fengqi Road, Tongxing Industrial Park, Caijiagang Town, Beibei District, Chongqing (400707)]
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