
A well-known off-road vehicle brand, originated from the 7319th factory of the Chinese People's Liberation Army in 1950, mainly engaged in the research and development, manufacturing and sales of off-road vehicles, pickup trucks and other vehicles and related parts
Changfeng Group Co., Ltd., formerly known as the 7319th Factory of the Chinese People's Liberation Army, was founded in June 1950. In October 1996, with the approval of the General Logistics Department, the factory system was restructured into a wholly state-owned limited liability company.In September 2001, it was transferred to the Hunan Provincial People's Government by the army as a whole, and is now under the management of the Hunan Provincial State-owned Assets Supervision and Administration Commission.
The company has a registered capital of 1.669 billion yuan, total assets of more than 12 billion yuan, and more than 5,700 employees.
The company's main business scope: R&D, manufacturing and sales of Cheetah series off-road vehicles, pickup trucks and other vehicles and related parts. The company has two vehicle manufacturing enterprises: Hunan Cheetah Automobile Co., Ltd. and Anhui Cheetah Automobile Co., Ltd.; The company has set up two Cheetah Automobile Research Institutes in Beijing and Changsha: Changsha City, Yongzhou City, Hengyang City, Hunan Province, Chuzhou City, Anhui Province, Huizhou City, Guangdong Province, etc.
The company has gone through four ventures. Among them: the first business was established from 1950 to 1965, and it was a small ordnance repair shop (factory) serving the army. The second business was from 1965 to 1984, and the factory was mainly engaged in the repair of artillery, firearms, optical equipment and automobiles of the army, and was the largest comprehensive repair enterprise of the Guangzhou Military Region at that time. The third venture time is 1984-2010, the factory to achieve the "people to raise the army, protect the army to the people" strategic intention, built the country's largest light off-road vehicle production base, to create a national well-known brand one by one Cheetah Motors, to achieve the transformation from the factory system to the company system, "Changfeng Automobile" [code: 600991] successfully listed on the Shanghai Stock Exchange, the company's headquarters moved from Yongzhou City to Changsha City. The fourth venture has been established since 2010, and the company has returned to the main business of cheetah vehicles through strategic reorganization with GAC Group, creating a new chapter in the cheetah business.
The company adheres to the focus on the development of Cheetah SUV and pickup truck business, drives strategic emerging industry projects such as new energy vehicles, automotive electronics, and key components, and builds "Cheetah" cars into well-known brands to achieve the grand goal of Cheetah car revival.