The Fujian Motors Group , referred to as Fujian Automobile Group or FJMG, is a wholly state-owned company in Fujian Province. It was established in 1991. It is a large state-owned enterprise in Fujian Province and the largest automobile group company in Fujian Province. The address is located at
Fuzhou Hi-Tech Zone Haixi Park Hi-Tech Avenue.
Group companies include
Fujian Benz (50% joint venture with
Daimler AG),
King Long (a bus manufacturer) (15%) and
Higer Bus.
Fujian Daimler, a subsidiary of the group, will sell no less than 40% of its shares to
BAIC, while the group itself and
Soueast Auto will maintain the current situation and will not enter into new joint ventures.
In 2012, Fujian Automobile Industry Group had an operating income of 10.26 billion yuan, of which Southeast Automobile accounted for 7.261 billion yuan, On May 16, 2013, the
People's Government of Fujian Province and Dongfeng Motor Corporation signed a strategic cooperation framework agreement, Dongfeng Motor Corporation will acquire 45% of the equity of Fujian Automobile Industry Group Co., Ltd. held by the State-owned Assets Supervision and Administration Commission of Fujian Province through capital increase, At the same time, Dongfeng Motor Corporation and FAW Group will also establish an investment company to control Southeast (Fujian) Automotive Industry Co., Ltd.
Brands
King Long
King Long United Automotive Industry Co., Ltd () or commonly known as King Long (, literally, ''Golden Dragon'') is a Chinese
bus manufacturer headquartered in
Xiamen,
Fujian. Founded in December 1988, it is focused mainly on developing, manufacturing and selling large-and-medium-sized coaches and light vans. In 2008, King Long had an 18 percent share of the export market in China.
Overseas sales contributed 25 percent of King Long's sales.
Higer
Higer Bus Company Limited, also known as Higer Bus, is a Chinese bus manufacturer based in
Suzhou
Suzhou is a major prefecture-level city in southern Jiangsu province, China. As part of the Yangtze Delta megalopolis, it is a major economic center and focal point of trade and commerce.
Founded in 514 BC, Suzhou rapidly grew in size by the ...
,
Jiangsu province. It was established at the end of 1998. HIGER is China's leading exporter of
buses and
coaches.
File:Scania Higer A30 R-net Bizzliner EBS.jpg, Higer A30 R
File:Higer KLQ 6896Q bus.JPG, Higer KLQ 6896Q
Keyton
Keyton also known as Fujian New Longma (NLM) or Fujian Qiteng (FQT) is a brand for MPVs, minivans and vans. It is sold overseas in several developing countries, including Egypt, Philippines, Bolivia, and Chile.
In May 2016, the company
NEVS announced that they will take over the Chinese company New Longma (NLM) after acquiring 50% of the New Longma manufacturing plant. On May 12 2016, the formal contract was signed in Fujian. On 18 August 2016, NEVS officially took over Chinese vehicle company New Longma (NLM) in the Fujian province. At the same time, NLM signed the first contract with Panda New Energy on delivering 35,000 electric logistics delivery vans.
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Keyton V60
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Keyton EX80
*
Keyton M70
File:2018 Fujian-Qiteng (Keyton) EX80 1.5L, front 8.7.18.jpg, Keyton EX80
File:Qiteng M70 Sanming 01 2022-07-28.jpg, Keyton M70
File:Qiteng M70L EV Sanming 01 2022-08-12.jpg, Keyton M70L
Joint venture brand
Fujian Benz
Fujian Benz Automotive Co., Ltd., formerly Fujian Daimler Automotive Co., Ltd., is a light commercial vehicle manufacturing company based in
Fúzhōu, and a
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...
between the
German Daimler AG, the
Chinese state-owned Fujian Motors Group and the
Taiwanese China Motor Corporation. Series production of Fujian Daimler's first product range, the Viano transporter, began in April 2010.
File:MERCEDES-BENZ VIANO (W639) China (3).jpg, MERCEDES-BENZ VIANO
File:MERCEDES BENZ V-CLASS (W447) China (6).jpg, MERCEDES BENZ V-CLASS
Former brand
Soueast Motors
South East (Fujian) Motor Co., Ltd.,
trading as Soueast, is a Chinese automobile manufacturer based in
Fuzhou,
Fujian, and a
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...
between
China Motor Corporation (25%), Fujian Motor Industry Group (50%) and
Mitsubishi Motors
is a Japanese Multinational corporation, multinational Automotive industry, automobile manufacturer headquartered in Minato, Tokyo, Japan. (25%).
[Affiliated Companies - South East (Fujian) Motor Co., Ltd.](_blank)
Yulon Group Official Site Its principal activity is the design, development, production and sale of passenger cars and minibuses sold under the Soueast marque. It also manufactures Mitsubishi brand passenger cars for sale in mainland China.
chinadaily.com.cn, 2010-11-15
Southeast has been acquired by
Chery in 2024 and is currently producing Jetour brand vehicle.
File:Soueast A5 Yiwu 004.jpg, Soueast A5 Yiwu
File:SOUEAST DELICA (10).jpg, Soueast DELICA
File:Soueast DX3 front.jpg, Soueast DX3
Yudo Auto
Founded in December the 4th, 2015 in
Putian, Fujian, Yudo Auto () is a new energy vehicle brand with main shareholders are state-owned companies and the local government of Putian, in Fujian Province. Fujian Motors Group has divested from Yudo Auto in 2020.
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Yudo π1, electric subcompact crossover inspired by the
Haval H1
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Yudo π3, electric subcompact crossover
File:2018 Yudo π1 (front).jpg, Yudo π1
File:Yudo Pi3 001D125B260-A8DE-4496-BCD3-987B0D2F6856.jpg, Yudo π3
References
External links
Fujian Motors website
{{Automotive industry in the People's Republic of China
Bus manufacturers of China
Electric vehicle manufacturers of China
Vehicle manufacturing companies established in 1992
Chinese companies established in 1992
Companies based in Fujian
Car manufacturers of China
2012 mergers and acquisitions
1992 in Fuzhou
Companies owned by provincial governments of China