Which Has a Longer History, Lifan or Yingang?
2 Answers
Yingang was established in 1990 and began producing complete motorcycles in 1997; Lifan was founded in 1992, originally named Chongqing Hongda Vehicle Parts Research Institute. In terms of the founding years of the companies, Yingang has a longer historical development. Below are the detailed materials: Introduction: Yingang Group was founded in 1990, headquartered in Chongqing, China's motorcycle capital, with over 20 subsidiaries and an annual output value of more than 3 billion yuan. Product R&D categories: The industrial manufacturing sector integrates the R&D, production, marketing, and after-sales service of motorcycles, electric vehicles, engines, camshafts, and other mechanical extension products. Production bases: It has production bases in Taizhou, Zhejiang; Conghua, Guangdong; Wuxi, Jiangsu; Yanshi, Henan, etc., forming a nationwide strategic layout. Sales system: It possesses a sales system covering 31 provinces, municipalities, and autonomous regions in China, with exports to dozens of countries and regions in Europe, America, Southeast Asia, the Middle East, etc.
I have been following the ups and downs of domestic brands since childhood. I remember in the early 1990s, China's economy was rapidly developing, and many enterprises began to emerge. Lifan was established in 1992, a full two years earlier than Yin Gang. Yin Gang didn't start until 1994. In terms of founding time, Lifan undoubtedly has a deeper historical foundation. Lifan initially started with motorcycles, transitioning from a small workshop to large-scale production, and gradually extended into automobile manufacturing. Yin Gang also focused on motorcycles but started a bit later. During that decade of China's industrial boom, Lifan, founded in 1992, seized the golden period, with a more diversified development path, including entering international markets and embracing the new energy trend. In contrast, Yin Gang entered the scene in 1994 and, although it grew steadily, had slightly less historical accumulation. Personally, I think this reflects that Lifan has deeper roots in the evolution of China's manufacturing industry.
