Who owns Yuanhang? The ownership chain, Dayun Group's stake and the 2022 deal
Facts checked Chinese holding 100%
Dayun is Chinese. The Yuncheng group of Shanxi began with motorcycles and trucks and added electric cars under the Yuanhang name in 2022. Its truck business remains the larger part of the company.
Yuanhang is Dayun Group's own passenger-car brand, shown in 2022 and in production from November 2023. It has been under strategic adjustment and reorganisation since late 2024.
The short answer
| Controlled by | Dayun Group |
|---|---|
| Stake | 100% |
| Since | 2022 |
| Kind | brand |
| Origin | CN |
| Name in Chinese | 远航 “ywen-HAHNG” |
| Top of the chain | Yuan Qinshan |
| Is it Chinese? | Yes |
The chain, step by step
Yuan Qinshan controls Dayun Group since September 1987.
Founder and chairman of Dayun Group, which is private and unlisted. His exact holding was not verified.
Dayun Group owns Yuanhang at 100% since 2022.
Yuanhang is Dayun Group's own passenger-car brand, shown in 2022 and in production from November 2023. It has been under strategic adjustment and reorganisation since late 2024.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Yuan Qinshan | Dayun Group | controls | controls | September 1987 |
| Dayun Group | Yuanhang | owns | 100% | 2022 |
Yuanhang: questions people ask
- Who makes Yuanhang cars?
- Dayun Group, a private truck and motorcycle maker based in Yuncheng, Shanxi, founded by Yuan Qinshan in 1987.
- Is Yuanhang still selling cars?
- The brand has been in reorganisation since late 2024. Dayun confirmed in November 2024 that Yuanhang had liquidity problems, after reports of unpaid salaries and closing showrooms.
- What does Yuanhang mean?
- 远航 (Yuǎnháng) means 'long voyage'. The parent brand, 大运 (Dàyùn), means both 'great fortune' and 'big haulage'.
- Is Dayun the same as Yuanhang?
- Same group, different badges. Dayun is the name on the trucks and motorcycles; Yuanhang was created in 2022 for the passenger cars.
Related
Sources for Yuanhang
- Wikipedia, Dayun Group. Read . Group history, Yuanhang launch and status, and the November 2024 statement
- Wikipedia, Yuanhang Y7. Read . Model line, production years and assembly location
- Wikipedia, List of Chinese motorcycle manufacturers. Read . Dayun Group listed as a Chinese manufacturer.