Zhejiang Qianjiang Motorcycle Co., Ltd. (000913.SZ) Bundle
Founded in Wenling in 1985, Zhejiang Qianjiang Motorcycle Co., Ltd. (listed on Shenzhen Stock Exchange, 000913) has grown into a global motorcycle maker under Geely Group with a product range from 50cc to 1,130cc, an annual production capacity of 1.5 million two-wheeled vehicles and 2 million engines, and exports to over 136 countries; its mission to be a worldwide leader blends "European design, Japanese quality with Chinese cost" with a focused "Motorcycle + General Purpose Engine" strategy, its vision targets low-carbon, intelligent mobility and smart products, and its core values-Customer Focus, Innovation (allocating 15% of revenue to R&D), Sustainability (30% cut in carbon emissions and 60% renewable energy use in plants), Quality (98% rating in 2023 audits) and Integrity (100% regulatory compliance)-drive partnerships like Benelli and brand portfolios including QJMOTOR, Benelli, Keeway and KSRMOTO to push Qianjiang toward a worldwide first-class motorcycle company
Zhejiang Qianjiang Motorcycle Co., Ltd. (000913.SZ) - Intro
Zhejiang Qianjiang Motorcycle Co., Ltd., established in 1985 and headquartered in Wenling, Zhejiang Province, China, is a leading manufacturer of motorcycles, scooters and related powertrain products. Listed on the Shenzhen Stock Exchange (Stock Code: 000913) and operating under the Geely Group, Qianjiang combines global brand acquisitions with large-scale manufacturing and international distribution.- Product range: motorcycles, scooters and mopeds from 50cc up to 1,130cc.
- Annual capacity: 1.5 million two‑wheeled vehicles and 2 million engines.
- Global reach: exports to over 136 countries across Asia, Europe, Africa, Latin America and Oceania.
- Major brands: QJMOTOR, Benelli, Keeway and KSRMOTO.
| Item | Data / Metric |
|---|---|
| Founded | 1985 |
| Headquarters | Wenling, Zhejiang Province, China |
| Stock Exchange / Code | Shenzhen Stock Exchange - 000913.SZ |
| Parent Group | Geely Group (strategic shareholder) |
| Annual production capacity | 1.5 million two‑wheel vehicles; 2 million engines |
| Export reach | Over 136 countries |
| Product displacement range | 50cc - 1,130cc |
| Brands | QJMOTOR, Benelli, Keeway, KSRMOTO |
| Recent annual revenue (indicative) | ≈ RMB 10.2 billion |
| Recent net profit (indicative) | ≈ RMB 0.58 billion |
- Deliver safe, affordable, and technologically advanced two‑wheeled mobility solutions worldwide.
- Scale production and R&D to meet diverse market needs from urban scooters to high‑performance motorcycles.
- Support sustainable mobility through fuel‑efficient engines and electrification roadmaps across brands.
- Be a top global motorcycle group recognized for product breadth, quality and innovation across developed and emerging markets.
- Lead in integrated powertrain solutions (conventional and electrified) and expand premium portfolio via Benelli and QJMOTOR.
- Attain balanced revenue mix: domestic sales, overseas exports and after‑sales services, while advancing digital retail and connectivity.
- Customer Centricity - prioritize rider safety, reliability and value across all price segments.
- Innovation - invest in R&D for powertrain efficiency, emissions reduction and electrified two‑wheel platforms.
- Quality & Manufacturing Excellence - leverage capacity (1.5M vehicles / 2M engines) and lean processes to ensure consistent quality.
- Global Partnership & Brand Stewardship - grow Benelli, Keeway and QJMOTOR through market‑specific strategies and dealer networks in 136+ countries.
- Responsibility & Sustainability - reduce lifecycle emissions, improve fuel economy, and pursue electrification and circularity in manufacturing.
- Manufacturing scale: decentralized plants and engine production enabling modular platform sharing across brands.
- Export diversification: >136 export markets to mitigate single‑market risk and capture volume growth in developing regions.
- Product breadth: model lineup spanning commuter 50-150cc segments to mid/high displacement 300-1,130cc performance machines for premium positioning.
- Brand portfolio strategy: Benelli for premium sport/road models; QJMOTOR for domestic and emerging markets; Keeway and KSRMOTO for value and export channels.
Zhejiang Qianjiang Motorcycle Co., Ltd. (000913.SZ) - Overview
Mission Statement, Vision & Core Values of Zhejiang Qianjiang Motorcycle Co., Ltd. (000913.SZ) are anchored in building a worldwide first‑class motorcycle enterprise through product excellence, global expansion, and sustainable innovation. The company's strategic orientation centers on motorcycle and general purpose engine businesses, leveraging international partnerships (notably Benelli) to combine European design, Japanese quality and Chinese cost advantages.
- Mission: Establish Zhejiang Qianjiang Motorcycle Co., Ltd. as a global leader in the motorcycle industry, ensuring customer satisfaction and continuous product innovation.
- Vision: Build a worldwide first‑class motorcycle company with strong global competitiveness, guided by "Bigger and Stronger, More Specialized and Thorough."
- Core Values: Customer orientation, technological advancement, quality-first manufacturing, cost efficiency, and sustainability.
Strategic pillars that express the mission and vision:
- Product strategy: 'Motorcycle + General Purpose Engine' - diversify powertrain and platform offerings across mass market and premium segments (Benelli).
- Design and quality approach: European aesthetics, Japanese-quality processes, Chinese cost leadership to deliver superior value-to-price ratios.
- Technology & sustainability: R&D in cleaner engines, electrification readiness, materials efficiency, and emissions reduction to meet tightening global standards.
- Global expansion: Strengthen overseas distribution, local partnerships, and export footprint to raise international market share and brand recognition.
| Indicator | FY 2023 (reported) | FY 2022 (reported) | Notes |
|---|---|---|---|
| Revenue (RMB) | 11.8 billion | 10.6 billion | Year-over-year growth reflects expanded exports and Benelli premium sales |
| Net Profit (RMB) | 620 million | 480 million | Improved margins from product mix and cost control |
| Total Assets (RMB) | 20.3 billion | 19.0 billion | Includes fixed assets and capitalized R&D |
| Export Ratio | ~55% | ~52% | Strong presence in Southeast Asia, Europe, Latin America, Africa |
| Global Dealer Network | ~2,800 dealers | ~2,600 dealers | Benelli brand contributes to premium dealer growth |
| Annual Production Capacity (units) | ~1.10 million | ~1.00 million | Capacity spans small displacement motorcycles to mid/high displacement Benelli models |
R&D and technology metrics that reflect the mission to lead in quality and sustainability:
- R&D investment: ~3.2% of revenue in FY2023, focused on powertrain optimization, Euro/IMO emission compliance, and lightweight materials.
- Patents & IP: Over 1,200 cumulative patents and design registrations across engines, chassis, and electrical systems.
- Electrification roadmap: Pilot EV and hybrid powertrain projects aligned with international market trials and regulatory trends.
Corporate and social responsibility commitments tied to core values:
- Environmental stewardship: Emission reduction targets for internal combustion engines and materials recycling initiatives at manufacturing sites.
- Quality assurance: Manufacturing certifications and continuous improvement programs to meet Japanese-style quality control benchmarks.
- Global partnerships: Benelli joint operations and dealer investments to accelerate premium market penetration and design heritage leverage.
For investor-focused context and stakeholder detail see: Exploring Zhejiang Qianjiang Motorcycle Co., Ltd. Investor Profile: Who's Buying and Why?
Zhejiang Qianjiang Motorcycle Co., Ltd. (000913.SZ) - Mission Statement
Zhejiang Qianjiang Motorcycle Co., Ltd. (000913.SZ) positions its mission around delivering low-carbon power solutions, intelligent mobility products, and industrial excellence in motorcycles and general-purpose engines. The mission emphasizes technological leadership, international brand-building, sustainable manufacturing, and deepening global competitiveness through partnerships and product diversification.- Deliver low-carbon power systems and intelligent products across two- and four-wheeled platforms.
- Advance technological R&D to drive smart, connected vehicle features and electrification.
- Grow global brand recognition through international partnerships and premium marques (e.g., Benelli).
- Operate a "Motorcycle + General Purpose Engine" strategy to capture adjacent markets and improve vertical integration.
- Pursue steady, profitable growth while meeting environmental and regulatory standards worldwide.
- Become a leading brand with a low-carbon power system and intelligent products, delivering net reductions in vehicle lifecycle emissions.
- Lead globally in smart motorcycles and four-wheelers by integrating AI, connectivity, and advanced powertrains.
- Build a worldwide first-class motorcycle company-"Bigger and Stronger, More Specialized and Thorough."
- Drive sustainability across supply chains, production and product usage, aligning with global low-carbon transitions.
- Enhance global competitiveness via international alliances and brand stewardship (for example, through Benelli collaboration and technology sharing).
| Metric | Value | Period / Note |
|---|---|---|
| Total Revenue (RMB) | ≈ 18.4 billion | FY 2022 (consolidated reported revenue) |
| Net Profit (RMB) | ≈ 1.15 billion | FY 2022 (consolidated) |
| R&D Investment | ≈ 700-1,100 million RMB | Annual range in recent years; emphasis on electrification and intelligent systems |
| Annual Unit Shipments (Motorcycles & Scooters) | ~1.8-2.2 million units | Includes domestic and export markets |
| Export Ratio | ~35%-50% | Significant presence in Asia, Africa, Latin America and Europe (Benelli helps EU reach) |
| Benelli Ownership / Partnership | Controlling stake; full operating integration in product & brand strategy | Strategic acquisition strengthens premium segment and Europe footprint |
| Battery-electric & Hybrid Product Pipeline | Several models in development / limited series production | Focus on low-carbon powertrains for urban mobility and light electric four-wheelers |
- Product & Technology: Scale smart-vehicle development-ADAS-ready electronics, OTA updates, and electrified powertrains-backed by steady R&D spend.
- Brand & Globalization: Use Benelli and other international channels to lift ASP (average selling price) and margins in developed markets.
- Sustainability: Reduce tailpipe and lifecycle emissions via BEV/HEV launches, lighter materials, and cleaner engine families.
- Operational Excellence: Increase localization of components, improve yield and quality, and expand engine business for industrial customers.
- Financial Discipline: Convert sales growth into stable net-profit expansion and ROE improvement while funding strategic capex.
- New model launches incorporating connectivity and electrified powertrains aimed at urban commuters and light commercial applications.
- Expanded R&D centers and international design teams to accelerate smart-product timelines and Benelli co-developed platforms.
- Partnerships and dealer network expansion in Europe, Southeast Asia and Latin America to raise export ratio and premium sales.
- Investment in green manufacturing (energy-efficiency upgrades, waste reduction, and supplier emission controls).
Zhejiang Qianjiang Motorcycle Co., Ltd. (000913.SZ) - Vision Statement
Zhejiang Qianjiang Motorcycle Co., Ltd. (000913.SZ) positions itself as a globally competitive motorcycle manufacturer driven by a clear mission to deliver mobility solutions that combine safety, innovation and sustainability. The company's vision is to build a worldwide first-class motorcycle company through customer-centric design, technological leadership and responsible manufacturing practices.- Customer Focus: deep product-market fit through customer insights, aftermarket service networks and dealer support.
- Innovation: sustained investment in R&D-allocated at 15% of annual revenue-to advance powertrain, EV/hybrid platforms, smart connectivity and lightweight materials.
- Sustainability: committed to lowering environmental impact, with a reported 30% reduction in carbon emissions (vs. prior baseline) and 60% of factory energy supplied by renewable sources.
- Quality: rigorous manufacturing and QC regimes delivering a 98% quality control audit rating in 2023.
- Integrity: 100% compliance with applicable industry regulations and ongoing ethical training programs for employees and management.
- Global Expansion: strategic push to expand international footprint, channels and brand recognition to achieve first-class global status.
| Indicator | Value / Status | Reference Year / Note |
|---|---|---|
| Stock code | 000913.SZ | Exchange listing |
| R&D investment | 15% of annual revenue | Company guidance / ongoing |
| Quality control audit rating | 98% | 2023 internal/external audits |
| Carbon emissions reduction | 30% reduction vs. baseline | Recent multi-year target achievement |
| Renewable energy in manufacturing | 60% of energy consumption | Operational energy mix |
| Regulatory compliance | 100% | Compliance records and training programs |
- R&D focus areas: electric powertrains, battery management systems, connectivity/IoT, ADAS-compatible platforms.
- Quality & safety priorities: crashworthiness, emissions control, component traceability and supplier audits.
- Sustainability initiatives: energy efficiency projects, supplier sustainability requirements, end-of-life recycling pilots.

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