The story of Nanjing Jinlong

1988, Xiamen Municipal Government allocated 200,000 yuan to establish Xiamen Automobile Industry Company. Later, Xiamen Jinlong United Automobile Industry Co., Ltd., also known as "Dajinlong", was established by Xiamen Automobile and foreign companies in Hongkong and Fa Ya with a 75:25 share ratio.

Shortly after Xiamen Automobile Industry Company established Xiamen Jinlong, Huang began to prepare for Xiaojinlong. 1In March, 1992, Xiamen Jinlong Touring Car Co., Ltd. was established, and Xiamen Automobile held 60% of the shares.

Xiamen Golden Travel is also called Xiaojinlong, not because of its small scale, but because it is interested in making cars. It is precisely because of this positioning that Xiamen Automobile invested more resources in Xiaojinlong, including the funds for listing Xiamen Automobile, the funds borrowed through the indicators of the Taiwan Affairs Office of the State Council, and the investment made through the joint venture company.

Huang, founder of Xiamen Automobile

1998, Xiamen Jinlong and Suzhou Machinery Holding Company (Chuangyuan Group) * * * jointly invested 28 million yuan to establish Jinlong United Automobile Industry (Suzhou) Co., Ltd. with a 70:30 equity ratio, with Duo Xinyong as the chairman and general manager.

In 2003, Suzhou Jinlong broke the restrictions and decided to enter the bus market, and released the "Hagrid brand". Since then, although Suzhou Jinlong is also called Jinlong, it is also controlled by Xiamen Jinlong, but its product and name have nothing to do with Jinlong.

In order to understand the birth of Nanjing Golden Dragon, we learned the stories of Xiamen Golden Dragon, Xiamen Golden Brigade, Suzhou Golden Dragon and Haig brand. Next, the story of Nanjing Jinlong finally begins ... We will start with a legendary Huang Hongsheng.

1987, Huang Hongsheng resigned as Deputy Director-General to start a business in the sea. A year later, he founded Skyworth in Hong Kong. After more than ten years' efforts, Skyworth has developed from an electronic product export agency to a large household appliance group mainly producing TV sets.

At the time of Skyworth's prosperity, in 2004, Huang Hongsheng was investigated by the Hong Kong Independent Commission Against Corruption for conspiring to steal and defraud Skyworth of more than HK$ 50 million, and was sentenced to six years' imprisonment in 2006.

In the same year (2000) when Skyworth was listed on the main board of Hong Kong, Nanjing Dongyu Automobile Co., Ltd. was established and obtained the "Jinlong" trademark from Nanjing Special Purpose Vehicle Manufacturing and Distribution Factory.

In April of the same year, Zibo Jinlong Spring Manufacturing Co., Ltd. transferred its trademark "Jinlong" to Suzhou Jinlong. Since then, Xiamen Jinlong and Suzhou Jinlong have also obtained the legal right to use the trademark "Jinlong".

The problem of trademark overlapping caused by historical reasons eventually led Nanjing Special Bus and Nanjing Dongyu to sue Xiamen Jinlong to the court. After two extensions, the plaintiff withdrew the lawsuit, and the day before the two sides were about to go to court, the two sides settled out of court.

Finally, Nanjing Dongyu transferred the trademark of Jinlong to Xiamen Jinlong, and at the same time Nanjing Dongyu began to OEM Xiamen Jinlong Bus.

In February 2005, Xiamen Jinlong Investment180,000 yuan and Nanjing Dongyu established Nanjing Jinlong Bus Manufacturing Co., Ltd. with a 60:40 equity ratio, and launched the "Yue Ling" brand.

However, because Nanjing Dongyu does not have enough technical reserves, and its scale is small, and it has suffered losses year after year, Nanjing Jinlong, the fourth dragon, has been out of the mainstream of the Jinlong system.

In 2009, Huang Hongsheng, the founder and controlling shareholder of Skyworth Group, was released on early bail and released from prison in a low profile. In the second year, Huang Hongsheng sold 6,543.8 billion Skyworth shares and cashed in about 900 million Hong Kong dollars to establish Chuangyuan Tiandi Investment Company.

20 1 1, Chuangyuan Tiandi reorganized Nanjing Jinlong, holding 60% of the shares, and then continued to increase its holdings to 88%. The shareholding ratio of Xiamen Jinlong and Nanjing Dongyu was finally diluted to 3.6% and 8.4%.

At first, Nanjing Jinlong used Dongyu automobile brand.

After the reorganization, Nanjing Jinlong began to focus on the research and development and production of new energy vehicles. 20 12 successfully obtained the production qualification of new energy vehicles.

In 20 14, Nanjing Jinlong made a name for itself by taking advantage of the Youth Olympic Games, and the order volume soared, and finally turned losses into profits, with the profit reaching150 million yuan.

Also in that year, the sales volume of Nanjing Jinlong pure electric bus reached 1890, ranking second in the country; In 20 15, it sold 8796 vehicles, ranking second in the country.

In the same year, Nanjing Chuangyuan Tiandi was renamed Kaiwo New Energy Automobile Co., Ltd. and later Kaiwo New Energy Automobile Group Co., Ltd., and Nanjing Jinlong, as its main business entity, has also changed its brand name to Kaiwo.

Nanjing Jinlong also maintained a good market performance. In 20 16, it sold 792 pure electric buses1car, ranking fourth in the country. In 20 17, the sales volume exceeded 10,000 vehicles, reaching 10633 vehicles, still ranking fourth in the country.

In 20 18, the sales volume of Nanjing Jinlong pure electric bus dropped to 8524, but the ranking jumped to the third place in the country. In 20 19, Nanjing Jinlong sold 9542 vehicles and returned to the runner-up throne.

With the steady development of Nanjing Jinlong, it has started to build production bases in Wuhan, Shenzhen, Xi 'an, Hohhot, Xuzhou, Weinan, Lishui, Gaochun and Weihai, and launched the passenger car brand "Mei Tian" on 20 19.

In this way, Nanjing Jinlong has gradually formed a Kaiwo new energy automobile group with a complete range of products from a subdivided bus brand. The rivers and lakes in the automobile industry will be eclipsed by the lack of its story, and its legendary story will continue.