Xiamen King Long Automobile Group Co., Ltd. was founded in 1988 and restructured into a joint-stock enterprise in 1992. In 1993, the group's shares were listed on the Shanghai Stock Exchange (stock abbreviation: King Long Automobile, stock code: 600686). As of the first half of 2010, the group's total share capital was 443 million yuan, total assets were 10.6 billion yuan, and net assets were 1.58 billion yuan.
The group's leading industry is the manufacturing and sales of large, medium and light buses. It owns Xiamen King Long United Automotive Industry Co., Ltd., Xiamen Kinglong Touring Vehicle Co., Ltd., King Long United Automotive Industry (Suzhou) Co., Ltd., etc. It is a complete passenger vehicle manufacturing enterprise and a manufacturer of automobile parts such as King Long Automobile body, air conditioner, rubber and plastic, electrical appliances, seats, etc. Its main products are "King Long Bus", "Golden Passenger Bus" and "Higer Bus", which are the three largest bus companies in China. The brands are all “Chinese Famous Brand Products”, the “KING LONG” trademark is a well-known trademark in China, Jinlong products have been awarded the national export commodity inspection-free qualification, and the group’s technology center has been recognized as a national-level technology center. In 2009, the group sold 46,024 buses of various types, achieving sales of 13.8 billion yuan, ranking 20th among the top 30 in China's automobile industry. According to the "World Brand Laboratory" evaluation report, in 2010 the "King Long Bus" brand ranked 101st in the country with a brand value of 8.416 billion yuan; "Golden Passenger Bus" ranked 141st with a brand value of 6.570 billion yuan; "Haiger" Passenger Cars" ranked 108th, with a brand value of 8.011 billion yuan.
After more than 20 years of development, King Long Automobile Group has not only established a leading position in the domestic large and medium-sized bus market, but also continuously accelerated the pace of opening up the international market, moving towards becoming an internationally competitive large-scale automobile enterprise group. Move forward steadily.