Loncin Motor

Loncin Motor Co., Ltd. was founded in 1993 and listed on the Shanghai Stock Exchange in 2012 (SH.603766). The company is headquartered in Chongqing, with over 9,000 employees and total assets exceeding RMB 13 billion. It holds equity in more than 20 subsidiaries and associated companies worldwide, and sells products to over 100 countries and regions. With the vision of being a "leading brand in low-carbon power and smart products," the company focuses on the main business of "motorcycles and general machinery," aiming to "strengthen and refine" its core operations. It owns three independent brands: "LONCIN," "VOGE," and "BICOSE." The motorcycle business produces and sells over 1 million units annually, ranking among the industry's top for many years; the general machinery business has exceeded 4 million units in production and sales, with exports ranking high in the industry for years. Guided by technology, the company has built a state-level research platform and an independent innovation system, possessing industry-leading R&D capabilities. It has established a "National Enterprise Technology Center," "National Industrial Design Center," and "National Accredited Laboratory," investing about 3% of operating revenue in R&D annually. The company pioneered basic technology research in the industry, supporting forward design through CAE simulation analysis, continuously improving thermal efficiency of fuel engines, and actively expanding R&D capabilities in electric control logic and strategies. Leveraging the continuous empowerment of industrial internet, the company promotes intelligent manufacturing and digital factory construction, forming a "full value chain" automated production business integration system and a data visualization platform. In its casting, processing, welding, coating, injection molding, and assembly plants, the company has over 1,000 automatic robots and intelligent equipment, building multiple smart factories and digital workshops. It has been awarded the "Two-Integration Management System Certification" and "Service-Oriented Manufacturing Demonstration Project" by the Ministry of Industry and Information Technology, and has been honored as "Chongqing Intelligent Manufacturing Benchmark Enterprise" and "Intelligent IoT Innovation Application Demonstration Factory," becoming a model of precision manufacturing in the industry. In the future, the company will adhere to its focus strategy on main business, strengthen its brands, and drive transformations from fuel products to electric products, mechanical products to intelligent products, intermediate products to end products, and OEM to independent brands, ultimately achieving the upgrade from industrial goods to consumer goods.