Yueda Group remains unswervingly committed to strengthening and optimizing its core automotive business. Focusing on the new development trends of electrification, intelligence, connectivity and sharing in the automotive industry, the Group accelerates transformation and upgrading, builds core industrial competitiveness, comprehensively lays out complete automotive industrial chains covering complete vehicle manufacturing, R&D and innovation, auto parts and after-market services, and promotes coordinated development across the whole industrial chain. Meanwhile, the Group actively explores new tracks of intelligent manufacturing. Taking the world’s first Lighthouse Factory in the cotton textile industry as a benchmark, it delves into intelligent textiles, intelligent agricultural equipment and other sectors, driving the upgrading of traditional manufacturing toward digitalization, green development and intelligence. A new pattern of high-quality development has taken shape, featuring mutual integration, promotion and coordinated progress between the automotive industry and intelligent manufacturing, striving to build a modern industrial benchmark with nationwide influence.

※ Automotive Sector

Jiangsu Yueda Auto Group Co., Ltd.

Founded on June 18, 2021 and located in the national-level Yancheng Economic and Technological Development Zone, Jiangsu Yueda Auto Group Co., Ltd. boasts a registered capital of RMB 2.35 billion and total assets of RMB 9.5 billion. Its invested and controlled enterprises employ nearly 9,000 staff. It serves as the specialized investment and operation platform for the automotive industry under Yueda Group.

Yueda Auto Group covers the full automotive industrial chain including complete vehicles, auto parts, science and innovation services. In the complete vehicle manufacturing segment, it hosts three passenger vehicle enterprises: Yueda Kia, FAW Yancheng Branch and EMT Company, alongside two commercial vehicle manufacturers: Yueda Automobile Manufacturing and Guotong Automobile. The auto parts segment comprises numerous enterprises including Dimei Wheel, Taiwan Glass Yueda, Yueda Yanfeng, Lingyun Technology, Shanghai Zhikong, Jiangsu Yuanqian, Yueda Mobis Battery, Yueda Optoelectronics, Hongxing Zhixin, Jiangsu Shenbo Electronics, Jiangsu Yida and Jiangsu Yuedongda. Its main products cover automotive glass, automobile seats, steering wheels, motors and electronic control systems, automotive wheels, HUD head-up display systems, vehicle-mounted chips and more. Stable supporting partnerships have been established with vehicle manufacturers within the Yueda system and mainstream domestic automakers. The science and innovation service segment includes Jiangsu Yueda Zhixing, CATARC Co., Ltd., Yueda Science and Innovation Park, the Testing Center and other entities.

Jiangsu Yueda Kia Motors Co., Ltd.

Jointly established by Jiangsu Yueda Group and Kia Corporation of the Republic of Korea, Jiangsu Yueda Kia Motors Co., Ltd. has built a production capacity of 890,000 units in Yancheng. The company has launched more than 40 passenger vehicles, forming a full-spectrum product matrix covering sedans, SUVs, MPVs and new energy vehicles. Its sedan lineup includes the K3, K5, Pegas and Forte; SUVs cover the Stonic, Sonet, Seltos, Sportage and Sportage Ace; the MPV range features the 4th generation Carnival. It also offers pure electric models EV5 and EV6, fully meeting diverse mobility demands. Cumulative production and sales of complete vehicles have exceeded 6.89 million units. Its new vehicle quality index and customer satisfaction have ranked among the industry’s top tier for consecutive years.

Since 2018, Yueda Kia has actively responded to the Belt and Road Initiative, deeply integrated into the domestic and international dual circulation development pattern, and continuously expanded overseas exports. Its products are sold to 89 countries and regions across the globe including Africa and Central & South America.

Relying on two core competitive strengths — intelligent manufacturing and low-carbon green development, the company has won honors including Jiangsu Provincial Advanced Smart Factory and National Green Factory. It practices the requirements for high-quality manufacturing development via digital and low-carbon production routes. Taking the new joint venture era launched in 2022 as an opportunity, the company speeds up the introduction of global strategic models and new energy vehicles, accelerates the construction of overseas export bases, and further implements its brand renewal strategy. It will better adapt to characteristics of the Chinese and global markets, continuously consolidate its development foundation, and consistently deliver high-quality products and sincere services to customers.

FAW Group Co., Ltd. Yancheng Branch

Founded in December 2023, FAW Group Co., Ltd. Yancheng Branch obtained the production qualification for battery electric passenger vehicles in April 2024 and formally put production into operation in May 2024. Covering a land area of 518.44 mu with a construction area of 200,469 square meters, the company possesses four core automotive production processes: stamping, welding, painting and final assembly. Through short-term capacity expansion and upgrading, it rapidly achieved an annual production capacity of 70,000 battery electric passenger vehicles.

Currently three new energy models have been launched: the A00-class sedan Bestune Pony, A0-class SUV Yuyi 03 and A-class sedan Yuyi 08. Leveraging the solid technical accumulation and talent reserves of FAW Group and Bestune, the company will successively launch multiple models including the four-door version of Bestune Pony and A0-class sedan E321, fully covering SUVs, sedans and microcars. It aims to produce high-quality new energy vehicles affordable for ordinary households.

Jiangsu Yueda Special Vehicle Co., Ltd.

Founded in 2005 with a registered capital of RMB 168 million, Jiangsu Yueda Special Vehicle Co., Ltd. is a full industrial chain supplier of intelligent environmental sanitation equipment integrating R&D, manufacturing, sales and services for urban and rural domestic waste collection & transfer, as well as road cleaning and maintenance machinery.

Over more than 20 years since its establishment, the company has been recognized as a National High-tech Enterprise, National Intellectual Property Demonstration Enterprise, Jiangsu Specialized, Refined, Differential & Innovative Enterprise and Jiangsu 4-Star Cloud Enterprise, winning over a hundred industry and market awards. Its product portfolio consists of two major categories, 14 varieties and more than 100 specifications. Core products have repeatedly won national, provincial and municipal awards. It has provided services for a series of international events including the Olympic Games, World Expo, G20 Summit and Asian Games, and claimed the Preferred Sanitation Vehicle Model Award in National Government Procurement three times in a row. Its products are exported to 23 countries and regions including the United States, Russia and Australia.

To adapt to market shifts, the company has formulated a high-level dual-wheel-drive development strategy of Equipment Manufacturing + Environmental Sanitation Operation. It actively pushes forward transformation toward environmental service operation, launched the sub-brand Yueda Urban Services, and commits to urban public environment management by providing integrated professional urban services covering road cleaning, waste collection and transfer and other seven categories. Meanwhile, responding to the demand for green and low-carbon energy transition, the company completed R&D of hydrogen fuel-powered sweepers and sprinklers in 2023, and took the lead in deploying heavy-duty battery-swapping waste transfer vehicles within its self-operated environmental service projects.

Going forward, aligned with the carbon peaking and carbon neutrality goals, the company will build upon its existing industries, actively expand to downstream sectors, and pursue innovative transformation and development in environmental technology fields such as terminal waste disposal and kitchen waste composting as well as high-quality incremental projects. It will accelerate building an international brand with nationwide influence, innovation momentum, low-carbon leadership and industrial competitiveness.

Jiangsu Yueda Automobile Manufacturing Co., Ltd.

Established in September 1998, Jiangsu Yueda Automobile Manufacturing Co., Ltd. is a wholly-owned subsidiary of Yueda Auto Group. Focusing on new energy logistics vehicles and off-road vehicles, it has built a multi-dimensional business system integrating joint R&D, independent sales, modification services, after-sales support and project cooperation.

Supported by high-standard flexible final assembly production lines, it realizes mixed-line modification and production of new energy logistics vehicles of 3.5 tons and below and mainstream passenger vehicles, with an annual single-shift capacity of 10,000 units. Adhering to the green and low-carbon philosophy, the company strives to build a production, modification and export base covering the whole R&D-production-supply chain. It specializes in delivering efficient, energy-saving, green and intelligent logistics transport solutions, and its products have been successfully exported to Europe, Southeast Asia, South America and other regions.

Shaanxi Dimei Wheel Co., Ltd.

Shaanxi Dimei Wheel Co., Ltd. is a provincial-level intelligent manufacturing demonstration enterprise and informatization-industrialization integrated high-tech enterprise engaged in wheel design, production, sales and services. Jointly invested and constructed in 2018 by Jiangsu Yueda Group, Jiangsu Sumec Group and Tongchuan Industrial Development Fund, the company has a registered capital of RMB 150 million. The project actively integrates into Tongchuan Municipal Government’s priority industrial chains: the aluminum & aluminum alloy industrial chain and automotive equipment supporting industrial chain, filling the gap in lightweight aluminum wheel production in Shaanxi Province.

Covering a land area of 160 mu, construction kicked off in October 2018 and the plant was completed and put into production on June 28, 2020. More than 450 sets of equipment have been installed, with a combined workshop of 42,000 square meters and auxiliary production buildings exceeding 5,000 square meters, supporting an annual output of 3 million aluminum wheels.

Jiangsu Yueda Zhixing Automotive Service Co., Ltd.

Founded in November 2018 with a registered capital of RMB 400 million and more than 530 employees, Jiangsu Yueda Zhixing Automotive Service Co., Ltd. is a wholly-owned subsidiary of Jiangsu Yueda Auto Group Co., Ltd.

After years of operation, the company has established over 20 4S stores covering 14 provinces, growing into a nationwide automotive chain dealer of considerable scale. Supported by expanding business scale, increasingly improved sales networks and continuously innovative operation models, it provides customers with one-stop comprehensive services covering the full automobile lifecycle, including complete vehicle sales, auto leasing, used cars, maintenance and upkeep.

※ Intelligent Manufacturing Sector

Jiangsu Yueda Textile Group Co., Ltd.

Invested by Jiangsu Yueda Investment Co., Ltd., a listed subsidiary of Jiangsu Yueda Group, Jiangsu Yueda Textile Group Co., Ltd. is a national high-tech enterprise with a full industrial chain covering R&D & design, production & manufacturing and brand operation.

Founded in July 2003, after over 20 years of development, the company has achieved annual production and processing capacity of 42,000 tons of medium-to-high grade yarns, 18 million meters of medium-to-high grade home textile & garment fabrics, 28.8 million meters of printed and dyed fabrics, and 4 million sets/pieces of home textile and apparel products.

For years, the company has focused on its core business, adhering to brand management, R&D innovation, structural adjustment, quality & efficiency improvement, deepened reform and cultural development, steadily lifting its core competitiveness and social influence. It has obtained numerous honors including China Famous Brand, one of the nation’s 120 key tracked & cultivated independent brands in apparel and home textiles, National Demonstration Enterprise for Integration of Informatization and Industrialization in Textile Industry, National Demonstration Enterprise for Advanced Party Building in Textile Sector, National Green Factory, and one of China’s Top Ten Continuous Product Innovation Entities in the Textile Industry. In January 2026, it was awarded the world’s first Lighthouse Factory in the cotton textile industry. Its research achievements have repeatedly won the Textile Vision Science & Technology Progress Award issued by China National Textile and Apparel Council and Gold Award at China Patent Annual Conference. The brand Yueda Home Textiles has claimed the Gold Award multiple times at the Zhang Jian Cup China International Home Textile Design Competition.

Jiangsu Yueda Intelligent Agricultural Equipment Co., Ltd.

Originated from Jianghuai Agricultural Machinery Factory founded in 1959, whose predecessor was a New Fourth Army firearms repair workshop, Jiangsu Yueda Intelligent Agricultural Equipment Co., Ltd. has a registered capital of RMB 1.288 billion. It mainly manufactures the Huanghai Jinma series tractors with power ranging from 25 to 300 horsepower. It ranks among China’s enterprises with the most complete and widest spectrum of directly coupled full-gear drive wheeled tractors.

Its products were awarded the title of China Famous Brand and have received multiple national and provincial honors. Products are sold across more than 30 provinces, municipalities and autonomous regions nationwide, and exported to over 60 countries and regions worldwide including North America, Europe, South America, Africa, Southeast Asia and the Middle East.

The company owns full-process product development & design capabilities and a sound quality management system for production and manufacturing, supported by strong technical expertise and sophisticated production equipment. It has passed authoritative certifications including ISO9001, 3C, IATF16949 and CNAS, holding nearly 200 valid patents. It presided over and participated in formulating 30 national, industrial and association standards, alongside more than 80 enterprise standards.

It has claimed the First and Third Class Awards of Jiangsu Provincial Science and Technology Award, and been recognized by two national ministries as a Leading Enterprise in Facility Electric Tractors under 100 Horsepower. It takes charge of a national high-quality development special project and has been approved to build the Key Laboratory of Facility Horticulture Electric Tractors under the Ministry of Agriculture and Rural Affairs, marking a major breakthrough in the construction of national-level innovation platforms.

Zhongke Yueda (Shanghai) Materials Technology Co., Ltd.

Founded in March 2018 and headquartered in Jiading, Shanghai, Zhongke Yueda (Shanghai) Materials Technology Co., Ltd. specializes in the R&D, production and sales of graphene materials and related products. It is a National High-tech Enterprise and Shanghai Specialized, Refined, Differential & Innovative Enterprise.

Major investors include Jiangsu Yueda Group Co., Ltd., Shanghai Xinwei Enterprise Management Co., Ltd. and the founding R&D team, with a paid-in registered capital of RMB 74.35 million. Drawing on top domestic scientific research strengths, the company devotes itself to graphene materials and their applications. Centered on graphene material preparation technology, it builds a diversified product matrix of graphene materials and multiple market applications, striving to become a world-class supplier of graphene materials.