Is SWM Chinese? Yes
Facts checked Ownership as of 4 September 2026
Yes
SWM is Chinese-owned. The Italian marque, founded in 1971 and wound up in 1984, was revived in 2014 with money from the Shineray Group of Chongqing, which owns it. The bikes are built at Biandronno near Varese, in the factory BMW sold when it moved Husqvarna production -- an Italian-built, Chinese-owned motorcycle.
Chinese holding: 100% as of 4 September 2026.
The chain
| Step | Entity | Kind | Origin |
|---|---|---|---|
| 1 | Shineray Group | group | CN |
| 2 | SWM | brand | IT |
Holding by holding
Gong Daxing controls Shineray Group since 1997.
Gong Daxing founded Shineray Group in 1997 and chairs it. The group is unlisted and no personal percentage was published in the sources we read.
Shineray Group owns SWM at 100% since 2014.
Shineray Group bought the dormant Italian marque SWM in 2014 and restarted production at the former Husqvarna plant in Biandronno, Varese, acquired from BMW Group.
Is SWM Chinese: the short answers
- Is SWM Chinese?
- Yes. SWM is Chinese-owned. The Italian marque, founded in 1971 and wound up in 1984, was revived in 2014 with money from the Shineray Group of Chongqing, which owns it. The bikes are built at Biandronno near Varese, in the factory BMW sold when it moved Husqvarna production -- an Italian-built, Chinese-owned motorcycle.
- How much of SWM is Chinese-owned?
- 100%, as of 4 September 2026.
- Who owns SWM?
- Shineray Group sits at the top of the recorded chain. The ownership page sets out every step with its stake and date.
Related
Sources for this answer
- Wikipedia, SWM (motorcycles). Read .