Yadea takes the leading role in e-vehicle industry in both of income and profit and we are also the largest two-wheel electric vehicle producer.
The major business is composed of design, research, and development, manufacturing and sales of two-wheel vehicles (including electric scooter, electric bicycle). We adopt high-end positioning strategy to establish high-end brand.
Since then, Yadea is the only electric vehicle manufacturer in China with more than 50 countries, and has successfully landed in Hong Kong Main Board in 2016, becoming the first listed company in Hong Kong Main Board of China Electric Vehicle Industry. Yadea Technology Group is led by the board of directors.
The president is responsible for operation and management. It covers manufacturing management center, Wuxi manufacturing company, Tianjin manufacturing company, Zhejiang manufacturing company, Zhejiang spare parts center, Guangdong manufacturing company, import and export company, domestic sales company. Eight plates.
Jiangsu Yadea, the first PRC subsidiary of the Group, was established as Wuxi Dongshi Vehicle Industry Co., Ltd.
Yadea Import Export was established and began our expansion into international markets.
Jiangsu Yadea became an electric bicycle technology committee unit member of the Bicycle Committee for Standardization of the China National Bicycle Association.
Acquisition of Zhejiang Yadea by our Group.
Zhejiang Yadea obtained the license for production of electric motorcycles, being the first company in the electric two-wheeled vehicle industry to obtain such license according to Frost & Sullivan.
Yadea Group released Internet of Things electric two-wheeled vehicles, and was selected as the only enterprise representative in the electric two-wheeled vehicle industry to contribute to the compilation of the standard specifications related to the Internet of Things electric two...
Expansion of our Wuxi facility which increased our Group’s production capacity for electric scooters;The Company entered into the Pre-IPO Share Subscription Agreement with the First Pre-IPO Investor, a wholly-owned subsidiary of the Goldman Sachs Group, Inc.
We acquired approximately 11.1% of Lightning Motors;Expansion of our Tianjin facility which has increased our Group’s production capacity of electric bicycles.