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Jincheng Motors Group, a large enterprise group with over 70 thousand employees, consists of 182 member enterprises, including 8 holding companies, 6 equity participation companies, 1 overseas join-venture company. Its core enterprise Jincheng Machinery Factory & Jincheng Motors Group is a key state enterprise of the China Aeronautic Industry. It possesses import & export automonous privileges and great strength and capabilities, and enjoys great prestige both at home and abroad.
Nanjing Jincheng Machinery Co. Ltd., a joint-venture enterprise co-sponsored by Malasia's Jinshi Group, China Aeronautic Foundation and Jincheng Machinery Factory & Jincheng Motors Group is currently the biggest foreign-Chinese joint-venture enterprise in China's motorcycle industry. Ratified by the State Planning Committe and the Foreign Trade and Cooperation Ministry, it was registered with a total investment of $99.9 millions, and registered capital $88 millions, and began operation on March 18,1994.
The motorcycles produced by Jincheng Motors Group now have 5 series and 28 models. They sell well both at home and abroad, and are generally acknowledged as Chinese famous brand motorcycles. In 1994, the production and selling quantities of Jincheng Motorcycles numbered 4th in the country. By 1996, the yearly output will be over 1 million vehicles, making it the leading enterprise in the industry.