Chongqing Lifan Industry (Group) Co., Ltd is one of the biggest private-own enterprises in China. It specialized in motorcycle and motor engine manufacture and sales, as well as automobile manufacture, football industry, Financial Security and Media. More than 8700 people are working for Lifan Group, including over 2000 staff with college or secondary education. Besides Lifan Group has its own technique center with state level. The output of motorcycle and engine is 1.5million and 2.5million respectively, which guarantee Lifan entering Top 50 Chongqing Industrial Enterprises in consecutive four years and ranking the 1st position in top 50 Chongqing private-own enterprises. In September 2004, Lifan motorcycle was awarded “China Top Brand” by the State General Administration For Quality Supervision. In November 2004, Two registered “力帆”and “LIFAN” trade marks of Lifan were awarded by Trade Mark Office of State Industrial and Commercial General Administration as the Famed Trade Mark. Lifan become the unique enterprise that obtained the honor in Chongqing. In 2004, Lifan realized sales income RMB 5.9 billion. Four standards of The production and sales of engine; Capability of exportation; quantity of patent possession and general value of production and sales rank the 1st position in motorcycle industry as well as General Standard.
In 1998, Lifan obtained the right to engage in foreign trade. In 2000, Lifan established the first private-owned Import & Export Company in Chongqing, and earned US$52 million of foreign exchange in the same year. In 2001,the sale increased to US$117.4 million. This achievement made Lifan the first motorcycle company exceeding US$100 million in China’s motorcycle industry and undoubtedly the leading enterprise in exportation over the country. In 2003, the sale is in duplicate totally US$203 million, once again Lifan become the unique enterprise exceeding US$200 million in Chongqing. In 2004, Lifan realized export income US$242 million. Lifan's products are widely sold to more than 100 countries covering South-East Asia, West Asia, Europe, Africa, South America. In September 2001, Lifan motorcycles were first sold to Japan, rewriting the history of no motorcycle export to Japan from China. In 2003, motorcycle and engine developed by Lifan Group passed E-mark accreditation, indicating that Lifan’s products can enter 18 European countries without any restriction.
Lifan set up an outstanding model for Chinese private-owned enterprises and be concerned by Party and state leaders. Chairman of Lifan Ying Mingshan had the honor to met Hu Jingtao, Wu Bangguo, Wu Yi, Li Peng, Zhu Rongji, Li Ruihuan, etc. Former Prime minister Zhu Rongji praised Yin Mingshan “A successful entrepreneur of private-owned enterprise”.