Who owns QJMotor? The ownership chain, Qianjiang Motorcycle's stake and the 2020 deal
Facts checked Chinese holding 100%
QJMotor is Chinese. It is the main brand of Qianjiang Motorcycle of Wenling, Zhejiang, which is listed in Shenzhen and whose largest shareholder is Geely with 36.61% since September 2016. QJMotor entered the United States in 2023 and shares engineering with Benelli.
QJMOTOR is Qianjiang's own brand, adopted in 2020 to replace the Qianjiang badge on global markets.
The short answer
| Controlled by | Qianjiang Motorcycle |
|---|---|
| Stake | 100% |
| Since | 2020 |
| Kind | brand |
| Origin | CN |
| Name in Chinese | 钱江 “chyen-JYAHNG” |
| Top of the chain | Li Shufu |
| Is it Chinese? | Yes |
The chain, step by step
Li Shufu owns Geely Holding at 82.23% since 1986.
Li Shufu founded Geely Holding in 1986 and owns 82.233% of it directly; his son Li Xingxing holds 8.0583% and Ningbo Yima Enterprise Management Partnership 9.7087%, which Polestar's 2025 annual report summarises as Li Shufu owning about 91.9% directly or indirectly.
Geely Holding owns Qianjiang Motorcycle at 36.61% since September 2016.
Geely Holding became Qianjiang's largest shareholder in September 2016 with a stake of just under 30% and is recorded at 36.61% in later summaries. Qianjiang does not appear among the brands Geely Holding lists on its own corporate site.
Qianjiang Motorcycle owns QJMotor at 100% since 2020.
QJMOTOR is Qianjiang's own brand, adopted in 2020 to replace the Qianjiang badge on global markets.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Li Shufu | Geely Holding | owns | 82.23% | 1986 |
| Geely Holding | Qianjiang Motorcycle | owns | 36.61% | September 2016 |
| Qianjiang Motorcycle | QJMotor | owns | 100% | 2020 |
QJMotor: questions people ask
- Who makes QJMotor?
- Zhejiang Qianjiang Motorcycle of Wenling, whose largest shareholder is Geely Holding. Qianjiang also owns Benelli and Keeway.
- Is QJMotor the same as Benelli?
- Not the same brand, but the same company. QJMotor and Benelli share engines and platforms; Benelli keeps design and marketing in Pesaro, Italy.
- Can you buy a QJMotor in the United States?
- Yes. QJ models have been sold in the US since spring 2023, distributed by SSR Motorsports.
Related
Sources for QJMotor
- QJMOTOR UK, History. Read .
- Wikipedia, Qianjiang Motorcycle. Read .
- Powersports Business, SSR Motorsports named U.S. distributor for QJMotor. Read .
- Lotus Technology Inc (U.S. Securities and Exchange Commission), Lotus Technology Inc., Form 20-F for the year ended 31 December 2025, Item 6.E Share Ownership, footnote 6. Read . Percentages as disclosed for 28 February 2026.
- Polestar (U.S. Securities and Exchange Commission), Polestar Automotive Holding UK PLC, Form 20-F for the year ended 31 December 2025, Item 7.A. Read .
- Wikipedia, Qianjiang Motorcycle (zh). Read . Geely Holding Group 36.61%; Wenling Qianjiang Investment 10.05%.