History:
1950s: Military machinery plant in Jiangxi
1960s: Yangzhou Automobile Repair and Manufacture Factory, specializing in vehicle repair, gear and truck manufacture.
1979: Changed to the production of buses, Jiangsu Yangzhou Bus General Manufacturer Plant was founded
1996: Jiangsu Yaxing Motor Coach Group Co., Ltd was founded; It is the biggest bus company in China, and one of the key enterprise groups supported by Jiangsu government and Yangzhou municipal government.
1997: Yaxing-Benz Limited was founded a joint venture between Yaxing Group and Daimler-Benz, consisting of a 50% share-hold for each.
1998.9: Yangzhou Yaxing Motor Coach Co., Ltd was founded by the main initiator- Jiangsu Yaxing Motor Coach Group Ltd with the approval of the Jiangsu government
1999.8: Yangzhou Yaxing Motor Coach Co., Ltd issued 60 million A stocks in Shanghai Security Exchange, entering the Chinese stock market successfully and has become one of a few companies in the national bus industry listed on the Shanghai Security Exchange.
2006.10: Mercedes-Benz transferred its share to Yaxing Group by means of signing a Share Transferring Agreement, and made Yaxing-Benz a wholly owned subsidiary, Yaxing Benz is renamed Yangzhou Yaxing Commercial Vehicle Co., Ltd
2007: Jiangsu Yaxing Motor Coach Group Ltd was renamed Jiangsu Yaxing Automobile Group Ltd. Called Yaxing Automobile Group for short; It includes the following affiliated companies:
@ Yangzhou Yaxing Motor Coach Co., Ltd
@ Yangzhou Yaxing Commercial Vehicle Co., Ltd
@ Yangzhou Diesel Engine Co., Ltd
@ Yangzhou Shengda Special Vehicle Ltd
2007: Yaxing Automobile Group reorganized the bus division of Yaxing, transferring the core business of buses from Yaxing Commercial Vehicle Ltd. To Yaxing Motor Coach Co., Ltd; Resulting in a renewed company.