Recent from talks
Nothing was collected or created yet.
Dayun Group
View on WikipediaThis article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
The Dayun Group (simplified Chinese: 大运集团; traditional Chinese: 大運集團) is a Chinese conglomerate based in Yuncheng, Shanxi, China. Through its subsidiaries, it manufactures heavy trucks, light trucks, motorcycles and engines. Its chairman, Mr. Yuan Qinshan, was once elected as a member of the Shanxi Provincial Committee of the Chinese People's Political Consultative Conference.
Key Information
In March 2009, the group acquired Sichuan Galaxy Automobile Group and was awarded the second prize of National Science and Technology Progress Award and the first prize of Provincial Science and Technology Progress Award.
On October 14, 2011, Wen Jiabao, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, visited the Guangzhou Motorcycle Production Base of Dayun Group.
Divisions
[edit]Trucks
[edit]Dayun Motor
[edit]Shanxi Dayun Automobile Manufacturing Co., Ltd, known as Dayun Motor, is a heavy truck manufacturer located in Yuncheng, Shanxi, China. It was founded in 2004 as part of the Dayun Group. They are able to build up to 50,000 trucks a year.[1][2] Trucks are built under the Dayun brand.
Models
[edit]- Dayun CGC
- 1047/48 2x4 light truck
- 1060 4x2 6-ton
- Weichai WP3NQ150E50 (106 kW (142 hp; 144 PS))
- 1100/20 4x2 10-ton
- Weichai WP4.1Q160E50 (110.5 kW (148.2 hp; 150.2 PS))
- 1121 4×4 12.1-ton
- Weichai WP4.1Q160E50 (110.5 kW (148.2 hp; 150.2 PS))
- 1140/41 4x2 14-ton
- Weichai WP4.1NQ190E50 (136 kW (182 hp; 185 PS))
- 1160 6x4
- 1210 4x2 21-ton
- Weichai WP7.300E51 (215 kW (288 hp; 292 PS))
- 1254 6x4
- 1311 8x4
- 1331 6x4
- 4180/81 semi tractor
- 4220/22 semi tractor
- 4250/51/52/53 (CNG/LNG) semi tractor
- Dayun DYX
- 1250 4x6
- 1312 4x8
- 3251/53 4x6 Dump truck
- 3311/13 (LNG) 4x8 Dump truck
- 5250/53 4x6
- 5310/12 semi tractor/4x8
Dayun Light Truck
[edit]Chengdu Dayun Automotive Group Co. Ltd., commonly known as Dayun Light Truck, is a light truck manufacturer based in Chengdu, Sichuan, China, and a division of Dayun Group. It was founded by the Dayun Group in 2009. Light trucks are manufactured under the Dayun brand.[3]
Models
[edit]
- Dayun E2
- Dayun Chuanlu
- 490
- 4100/02/08
- Dayun QiYun
- 485/490
- 4100/02/05/08/10
Passenger vehicles
[edit]Yuanhang Auto
[edit]On the 2022 Chengdu Auto Show a new EV brand called Yuanhang Auto (Chinese: 远航汽车; pinyin: yuǎnháng qìchē; lit. 'Voyage') was launched by Dayun Group as a premium EV brand based in Yuncheng, Shanxi. At the show, Yuanhang unveiled four cars that were to go into production in 2023.[4]
The first vehicles to launch were the Y6 mid-size sedan and H8 mid-size three-row SUV in November and December of 2023, which are based on the BHD platform Yuanhang codeveloped with Bosch and Huawei, and use Alibaba's AliOS infotainment system software.[5] It was followed by the Y7 full-size sedan which launched at the 2024 Beijing Auto Show in April, and the H9 full-size SUV in May 2024.[6][7]
In October 2024, Yuanhang announced that it was undergoing strategic adjustment and reorganization after reports of the company undergoing financial difficulties including cashflow problems due to high competition in the auto market. The reports cited employees who said that there was an ongoing mass exodus of staff after some received delayed salary payments for several months, forced unpaid leave, or layoffs, and that the R&D department's staff count had dropped to low double digits. At the beginning of 2024, Yuanhang had a total of five retail locations located in Beijing, which fell to three stores by November that year, and a store in Haikou was closed after poor sales.[8][9] Later in November, Dayun Auto confirmed Yuanhang had liquidity problems and was in talks with investors. It said that its factories and R&D facilities were to shortly restart operation, and that Dayun Group's other divisions were unaffected by the financial problems.[10]
-
Yuanhang Y6
-
Yuanhang Y7
-
Yuanhang H8
-
Yuanhang H9
Dayun NEV
[edit]- Dayun Yuehu ES3 — Electric mini crossover SUV
- Dayun Yuanzhi M1 — Electric Compact MPV
- Dayun Yuanzhi M2 — Electric compact MPV
-
Dayun Yuehu ES3
-
Dayun Yuanzhi M1
Dayun Auto
[edit]- Dayun Pika (Dayun Pickup) — Mid-size pickup
Motorcycles
[edit]
- Dayun Motorcycle manufactures Dayun motorcycles and scooters.
- Luoyang Duyan - manufactures Dayun three-wheeled scooters
References
[edit]- ^ "Company profile". Archived from the original on 2012-12-03. Retrieved 2013-01-28.
- ^ "Home". dayunmotor.com.
- ^ "Home". cddayun.com.
- ^ "Yuanhang Auto Is A New Chinese EV Brand With Big Plans". carnewschina.com. 26 August 2022.
- ^ Chen, Dong Yi (2023-07-21). "Dayun Yuanhang's all-electric Y6 sedan and H8 SUV with up to 1,020 km range will launch in August". CarNewsChina.com. Retrieved 2025-04-13.
- ^ Andrews, Mark (2024-04-23). "Yuanhang Y7 premium EV sedan to launch at Beijing Show". CarNewsChina.com. Retrieved 2025-04-13.
- ^ Chen, Dong Yi (2024-05-25). "Dayun's Yuanhang H9 all-electric SUV launched for 57,600 USD". CarNewsChina.com. Retrieved 2025-04-13.
- ^ Andrews, Mark (2024-10-31). "Another Chinese EV producer in danger - Yuanhang has financial problems". CarNewsChina.com. Retrieved 2025-04-13.
- ^ Huang, Lin (2024-10-31). "Yuanhang Confirms Luxury EV Brand Under China's Dayun Is Undergoing Adjustments". www.yicaiglobal.com. Retrieved 2025-04-13.
- ^ "China's Dayun Auto Is Overhauling NEV Business Due to Cash Crunch, Market Cycle". www.yicaiglobal.com. Retrieved 2025-04-13.
External links
[edit]Dayun Group
View on GrokipediaHistory
Founding and Early Development (1987–2003)
Dayun Group originated in September 1987 when Yuan Qinshan established a motorcycle retail store on Jiefang North Road in Yuncheng, Shanxi Province, China, initiating operations in the two-wheeler sector.[5] This venture focused initially on sales amid China's burgeoning domestic motorcycle market during the reform era.[6] In 1992, the business formalized as Yuncheng Tongda Industrial and Commercial Trade Co., Ltd., expanding its scope to wholesale and distribution of motorcycles, which capitalized on rising consumer demand for affordable personal transport in rural and urban areas.[6] By 1997, with approval from the Shanxi Province Institutional Reform Commission, the entity restructured into Shanxi Tongda (Group) Co., Ltd., enabling broader operational scale and diversification within the motorcycle trade.[6] This period saw the group accumulate capital and expertise through retail and trading, producing no vehicles yet but building a network that supported annual sales growth.[7] Entering the late 1990s, the group transitioned toward manufacturing, leveraging its market position to invest in production facilities for motorcycles, including engines and components.[8] By the early 2000s, Dayun had developed initial R&D capabilities, outputting multiple motorcycle models suited to domestic needs, such as utility and commuter variants, with production centered in Shanxi.[9] This phase solidified its reputation in the industry, achieving significant volume—contributing to over 150,000 units in later peak years—before pivoting to heavier vehicles post-2003.[10] The focus remained on cost-effective, reliable two-wheelers, aligning with China's economic liberalization and infrastructure demands.[11]Expansion into Heavy Industry and Vehicles (2004–2010)
In 2004, Dayun initiated its expansion into heavier vehicle segments by founding Dayun Auto Co., Ltd. to handle automobile research, development, production, and sales, while announcing the construction of a dedicated heavy truck factory in Yuncheng, Shanxi Province.[12][5] Concurrently, the group began bus production and introduced several bus models, marking an early diversification from its motorcycle roots into public transport vehicles.[13] By 2007, Shanxi Dayun Automobile Manufacturing Co., Ltd. was established to oversee operations at the Yuncheng truck facility, laying the groundwork for heavy-duty vehicle assembly.[5] This period saw continued investment in infrastructure, culminating in 2009 with the formal creation of Dayun Group as a holding entity to consolidate operations. In March of that year, the group acquired Sichuan Yinhe Automobile Group—a existing truck manufacturer—which was restructured as Chengdu Dayun Automobile Group and focused on light trucks via a new 250,000-square-meter production base. Later in 2009, Shanxi Dayun assembled its inaugural heavy truck, featuring proprietary frame designs, Weichai Power engines, and Volvo-sourced cabins; the Yuncheng heavy truck base became operational on October 26, enabling mass production of heavy-duty models.[5][13][12] Expansion accelerated into 2010, with heavy truck sales commencing from the Shanxi facility amid an overall investment exceeding 210 million euros and a production target of 10,000 units. Chengdu Dayun constructed a secondary factory in Shiyan, Hubei Province, for light- and medium-duty trucks incorporating Isuzu technology, while Hubei Dayun Automobile Co., Ltd. was established to support this 150,000-square-meter site focused on medium trucks. These developments positioned Dayun as an emerging player in China's commercial vehicle market, emphasizing integrated manufacturing capabilities across truck categories.[14][5][12][13]Diversification and International Growth (2011–2023)
In 2011, Dayun Group began diversifying into new energy vehicles (NEVs), launching initial products and establishing a strategic layout in the sector to expand beyond traditional commercial trucks and motorcycles.[13] This move aligned with China's growing emphasis on sustainable transportation, enabling the company to develop battery electric vehicles (BEVs) for both commercial and passenger applications. By 2017, Dayun introduced the Yuehu S5, a compact battery-electric SUV, marking its entry into electric passenger vehicles, which were subsequently exported under various names to over 20 countries.[15] The diversification accelerated with the establishment of Dayun Auto in 2017, focusing on pickups, SUVs, and further NEV development, including pure electric SUVs and MPVs.[16] In 2022, the company launched Yuanhang Auto as a premium electric vehicle brand, unveiling models such as the Y6 sedan and H8 SUV based on the BHD platform, with launches planned for August 2023 offering up to 1,020 km range.[17] Additionally, Dayun developed BEV cargo trucks to complement its commercial lineup, achieving milestones in electric heavy-duty applications.[18] By 2023, four new electric cars and SUVs were under development, reflecting sustained investment in NEV technology amid China's industry expansion.[12] Parallel to product diversification, Dayun pursued international growth through exports, establishing a sales network spanning the Middle East, Europe, Latin America, Asia, and Africa.[16] Starting around 2012, the company partnered with Bhojsons Group in Nigeria for importation, assembly, distribution, and service of its vehicles.[19] Exports targeted markets including Russia, Ecuador, and Vietnam, with products like trucks and engines shipped globally.[20] By 2023, Dayun's vehicles reached over 100 countries, supported by participation in events like the 133rd Canton Fair, where it forged long-term ties with buyers in Oceania, Latin America, Africa, and South Asia.[12][21] This expansion diversified revenue streams and positioned Dayun as a notable exporter of affordable commercial and emerging NEV products.Corporate Structure and Leadership
Organizational Divisions
Dayun Group functions as a holding company established in 2009, coordinating operations across multiple subsidiaries and production facilities primarily in vehicle manufacturing, with ancillary activities in real estate and logistics.[5] The structure emphasizes diversification from its motorcycle origins into commercial and passenger vehicles, supported by specialized bases for research, development, production, and sales.[12] The motorcycle division, managed by Guangzhou Dayun Motorcycle Co., Ltd. (founded in 2008), serves as a core pillar, handling the research, manufacturing, sales, and export of gasoline motorcycles, electric motorcycles, and tricycles.[5] [1] It operates factories in Guangzhou and Yuncheng, Shanxi, with an annual production capacity exceeding 2 million units, positioning it as one of China's prominent motorcycle operators.[5] Automotive operations fall under Dayun Automobile Co., Ltd., a private entity with registered capital of 1.07 billion yuan and total assets over 11 billion yuan, integrating full-spectrum vehicle production qualifications.[12] This division includes three wholly-owned production bases: the Yuncheng base (established 2004, operational since 2009, covering 500,000 square meters for heavy trucks and new energy vehicles); the Chengdu base (acquired 2009, 250,000 square meters for light trucks); and the Shiyan base (founded 2010, 150,000 square meters for medium trucks).[12] [5] Shanxi Dayun Automobile Manufacturing Co., Ltd. (founded 2007) oversees much of the truck production within this framework, while Chengdu Dayun Automobile Group focuses on light and medium-duty models often based on licensed technologies like Isuzu.[5] Additional divisions include Shanxi Tongda Group, which concentrates on real estate development and freight logistics, excluding direct vehicle distribution activities post-restructuring.[5] Other reported subsidiaries encompass Dayun Light Truck, Dayun Motor, Dayang Motorcycle (a related motorcycle entity), Weichai Engine (for powertrain components), and Dayun Real Estate, reflecting the group's cross-industry expansion.[3]Key Executives and Governance
Yuan Qinshan serves as the chairman and president of Dayun Group, positions he has held since at least November 2015, overseeing strategic direction across its automotive and manufacturing divisions.[22] Founded by Qinshan in 1987 as a motorcycle trading business, the group remains under his primary control following a 2022 restructuring that consolidated ownership among family members and select executives.[5] Key supporting executives include Chen Haoli, vice president of Dayun Automobile Co., Ltd. since November 2015 and previously identified as CEO of the Yuncheng operations, focusing on production and operational management.[22] [23] Su Lingcao acts as vice president, secretary, and investor relations officer since November 2018, handling corporate communications and compliance.[22] Governance at Dayun Group centers on a holding company structure established in 2009, with centralized decision-making under the chairman amid its diversification into trucks, new energy vehicles, and motorcycles.[5] As a private enterprise in Shanxi Province, it lacks public listing obligations but maintains internal oversight through top management and limited equity distribution to align interests, reflecting founder-led control common in Chinese industrial groups.[5] Qinshan's external roles, such as engagements with provincial authorities, underscore ties to local policy frameworks influencing operations.[7]Products and Brands
Commercial Trucks
Dayun Group's commercial truck division, operated primarily through Shanxi Dayun Automobile Manufacturing Co., Ltd., focuses on heavy-duty vehicles for applications including long-haul transport, construction, and logistics. The Yuncheng production base, established in 2004 and commencing operations on October 26, 2009, features five assembly lines dedicated to heavy trucks and incorporates new energy vehicle capabilities.[12] By 2015, this facility contributed to Dayun ranking seventh in overall industry sales and sixth in tractor truck sales in China.[12] Key heavy truck models include the V9, positioned as a high-end intelligent option with maximum horsepower of 660 PS, luxury interiors, and advanced manufacturing standards for aesthetics and performance.[24] The V7 emphasizes lightweight construction as a benchmark, paired with stable all-weather reliability and fashionable design elements.[24] The N9H series offers a modern cabin with features like a foldable passenger seat table, while the N8V line provides rigid exteriors, spacious cabs, and power outputs supporting demanding operations; variants include 6x4 tractors with 350-430 HP engines.[24][25] Dayun also produces specialized commercial trucks such as dump models and tractors, with new energy adaptations like the N8V electric tractor and dump truck, which prioritize strong load-bearing capacity, lightweight frames, and reduced operating costs through electric drivetrains.[24] The division's Shanxi operating company was formed in 2007 to oversee heavy truck factory development, enabling initial mass production targets of 10,000 units annually by 2010 and expansion plans toward 50,000 units within three years.[5][14] Complementary medium-duty production occurs at the Shiyan base, founded in 2010 with 150,000 square meters of facilities.[12] Innovations in the lineup include LNG-compatible tractors and electric models integrated with lithium-ion batteries for urban and regional freight, reflecting Dayun's shift toward electrification since 2011.[13] The trucks have earned three Guinness World Records for heavy truck performance metrics, underscoring engineering achievements in durability and efficiency.[12]Light Trucks and Pickups
Dayun Group's light truck production is handled by its Chengdu base, established in 2004 through the acquisition of Sichuan Galaxy Automobile Manufacturing Co., Ltd., which enabled entry into the light commercial vehicle sector.[12] The division focuses on vehicles with payloads typically ranging from 1 to 5 tons, suitable for urban logistics, small business operations, and regional distribution.[26] Models such as the Aopuli series have been exported to markets including the Philippines.[27] Key light truck offerings include diesel-powered cargo variants like the 3-ton plate cargo truck, featuring a 4×2 drive configuration, wheelbase of 3300 mm, and overall dimensions of 5430 × 2100 × 2300 mm, with a minimum ground clearance of 220 mm and gradeability of at least 30%.[28] A 5-ton version extends dimensions to 5995 × 2090 mm in length and width, maintaining similar performance attributes for heavier loads.[29] Electric models, such as the E3 series van-type light truck, provide a 4.5-ton payload capacity, 136 horsepower electric motor, and dimensions of 5995 × 2250 × 3070 mm, emphasizing eco-friendly urban transport.[30] Pickup trucks form a significant part of Dayun's light vehicle lineup, with the V5 series offering a 2.0T diesel engine delivering 163 horsepower (120 kW) and 390 Nm of torque, available in 4WD setups with 5-seat configurations and a top speed of 140 km/h.[31] Electric pickups, including the DYQ1032BEV1 model, measure 5330 × 1870 × 1864 mm, seat up to 5 passengers, achieve a maximum speed of 120 km/h, and provide a 275 km NEDC range, with a cargo bed of 1575 × 1610 × 530 mm and 210 mm ground clearance.[32] In July 2023, Chengdu Dayun secured orders for 200 light trucks, reflecting sustained domestic demand.[33]Passenger Vehicles and NEVs
Dayun Group's passenger vehicle offerings consist primarily of new energy vehicles (NEVs), with no significant production of internal combustion engine models reported. The company entered the passenger NEV market through its Yuanhang brand, launched in August 2022 as a high-end luxury electric vehicle line targeting premium segments with advanced features like an 800V fast-charging architecture and integration of technologies from partners such as Huawei and Bosch.[34] Yuanhang models are built on the B.H.D pure electric platform, emphasizing long-range capabilities—up to 1020 km under CLTC testing conditions—and rapid acceleration, with some variants achieving 0-100 km/h in 3.2 seconds.[34] Key Yuanhang models include the Y6 executive sedan and Y7 D-class sports sedan, both designed for luxury and performance, featuring frameless doors, panoramic audio systems with up to 27 speakers, and compatibility with standard charging infrastructure.[35] The H8 and H9 SUVs cater to larger vehicle preferences, with the H9—a mid-to-large pure electric SUV—debuting in May 2024 at a starting price equivalent to approximately $57,600, offering variants with 650 km to 840 km CLTC range and four-wheel drive options.[36] These vehicles position Dayun in the competitive luxury NEV space, though high pricing has limited market penetration amid intense rivalry from established brands.[37] In parallel, Dayun produces more accessible NEVs under brands like Yuehu and Yuanzhi for urban and family use. The Yuehu ES3, a compact pure electric SUV launched in July 2022, features a 35 kW motor, 30.66 kWh ternary lithium battery, 300 km NEDC range, and a top speed of 100 km/h, priced starting at around $10,100 for city commuting and light off-road.[38] The Yuanzhi M1, a 7-seater electric MPV introduced around 2023, measures 4850 mm in length with a 2880 mm wheelbase, powered by a 145 kW motor delivering up to 450 km CLTC range, suitable for family travel with theater-style seating.[39][40] Despite technological ambitions, Dayun's passenger NEV division has encountered significant hurdles. By late 2024, Yuanhang faced financial strains, including salary delays, employee attrition, and operational restructuring due to low sales in a saturated market, with the brand confirming adjustments while maintaining key staff.[41] [42] [4] Production bases in Yuncheng, Chengdu, and elsewhere support these efforts, but persistent liquidity issues have impacted expansion.[34]Motorcycles and Engines
Dayun Group's motorcycle operations trace back to September 1987, when a motorcycle retail shop opened in Yuncheng, Shanxi, marking the initial entry into the sector.[5] The company acquired the Dayun brand rights for motorcycles in 1997 and established Guangzhou Dayun Motorcycle Co., Ltd. in December 1999 to handle manufacturing.[5] By the early 2000s, production capacity reached 2 million units annually at the Guangzhou facility, which features six automated assembly lines and supports over 50 models.[5] The motorcycle lineup includes cub-style bikes starting at 110cc, street motorcycles like the DY150 series with 149cc single-cylinder air-cooled engines producing around 8.1 kW, and larger models such as the DY200 with balance shaft engines for reduced vibration.[43][44] Advanced offerings feature water-cooled 300cc engines delivering 19.5 kW maximum power and 27.3 N·m torque, as well as the STS400C with a 400cc inline twin-cylinder liquid-cooled engine outputting 42 horsepower.[45][46] These models cater to urban commuting, touring, and off-road use, with features like disc brakes, multi-gear transmissions, and capacities for export markets including Africa and North America.[43] Dayun produces its own general-purpose engines, with an annual output capacity of approximately 2 million units, supporting both motorcycles and tricycles.[47] Engine types range from single-cylinder four-stroke units in 150cc and 200cc displacements—often patented for optimized power and low vibration—to twin-cylinder configurations for higher-performance bikes.[48] The company maintains 31 R&D engineers focused on engine and vehicle development, operating from a 33,535 m² facility with 12 production lines.[43] Products are exported globally, emphasizing reliability for markets in developing regions.[43]Financial Performance and Market Position
Revenue Growth and Production Capacity
Dayun Group's revenue from its automotive operations, primarily through Dayun Automobile, reached a peak of 102 billion yuan in 2018, up from 88.42 billion yuan in 2017, driven by sales of heavy and light trucks amid expanding domestic demand for commercial vehicles.[49] However, this growth was short-lived, with revenue declining to 96.76 billion yuan in 2019 and further to an annualized equivalent of approximately 95 billion yuan based on first three quarters of 2020 reporting 71.29 billion yuan, reflecting reduced heavy truck volumes and market share erosion in a competitive sector.[49][50] The decline in revenue coincided with falling capacity utilization rates for heavy trucks, dropping from 101.43% in 2017 to 76.98% in 2019, which increased per-unit costs and pressured gross margins to 9.2% in the latter year.[51]| Year | Revenue (billion yuan) | Net Profit (billion yuan) |
|---|---|---|
| 2017 | 88.42 | 5.48 |
| 2018 | 102.00 | 6.48 |
| 2019 | 96.76 | 4.50 |
