Who owns King Long? The ownership chain, King Long's stake and the 2018 deal
Facts checked Chinese holding 100%
King Long is Chinese. Xiamen King Long United Automotive Industry makes coaches, city buses and light commercial vehicles and exports widely; it also owns the Higer bus brand.
Xiamen King Long Motor Group's holding in Xiamen King Long United Automotive Industry, the maker of the King Long brand, rose to 50% in 2018. The three original shareholders, the group, Xiamen Haiyi Group and Taiwan's Sanyang Industry, had each held 25%.
The chain, step by step
Fujian Provincial SASAC controls Fujian Motor Industry Group Co., Ltd..
Fujian Motor Industry Group is a Fujian provincial state enterprise. We did not verify the ownership chain from a filing.
Fujian Motor Industry Group Co., Ltd. owns King Long at 21.02% since 25 August 2014.
Fujian Motor Industry Group agreed on 30 January 2014 to acquire 21.02% of Xiamen King Long Motor Group and completed on 25 August 2014. It is described in 2026 filings coverage as the controlling shareholder and has continued to buy shares; the current percentage was not verified.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Fujian Provincial SASAC | Fujian Motor Industry Group Co., Ltd. | controls | controls | not published |
| Fujian Motor Industry Group Co., Ltd. | King Long | owns | 21.02% | 25 August 2014 |
| King Long | King Long | owns | 50% | 2018 |
Other recorded holdings in King Long
Holdings that are not control, kept out of the chain above so that nothing on this page reads as ownership when it is not. A joint venture is a company two parents built together: its percentage is a share of the venture, not a holding in the partner. The same pair can appear twice with different kinds, and both rows are real.
| Holder | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| Xiamen Municipal state investors | holds a stake in | not published | not published | Xiamen Haiyi Group, a Xiamen municipal state company formerly known as Xiamen Automotive Industry Corporation, held 25% of King Long United before the 2018 change and retains a minority. The current percentage was not verified. |
| Sanyang Industry Co., Ltd. (SYM) | holds a stake in | not published | not published | Taiwan's Sanyang Industry (SYM) held 25% of King Long United before the 2018 change and retains a minority. The current percentage was not verified. |
King Long: questions people ask
- Who owns King Long?
- The listed parent, Xiamen King Long Motor Group, is controlled by the Fujian provincial state group Fujian Motor Industry Group. The manufacturer behind the brand is 50% owned by that listed group, with Xiamen Haiyi Group and Taiwan's Sanyang Industry holding the remainder.
- Is King Long the same as Golden Dragon?
- They are two brands in the same group, made by different Xiamen companies. Both translate the same Chinese characters, 金龙, one by sound and one by meaning.
- Where are King Long buses sold?
- In China and more than 40 export markets, including Australia, the Philippines, Malta, the United Kingdom and a range of Middle Eastern, African and Asian countries. They are not sold in the United States.
Related
Sources for King Long
- Wikipedia, King Long. Read .
- Xiamen King Long United Automotive Industry Co., Ltd., King Long official site. Read .
- Wikipedia, King Long United Automotive (zh). Read .
- Wikipedia, List of automobile manufacturers of China. Read . Chinese bus manufacturers.
- FilingReader (Shanghai Stock Exchange filings wire), Fujian Motor to increase stake in King Long Motor. Read .
- MarketScreener, Xiamen King Long Motor Group news. Read . Records the 21.02% acquisition agreed 30 January 2014 and completed 25 August 2014.