Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Lifan Technology Group Co Ltd is a Chinese private company specializing in the production of cars, buses, motorcycles, scooters, and ATVs. The headquarters is located in Chongqing. The company sponsors the Chongqing Lifan Football Club, which plays in the Chinese Super League.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Revenue(RF), mln.USD
49
Assets(RF), mln.USD
108
Capital(RF), mln.USD
34
Glob.Revenue, mln.USD
957
Staff(RF), 2021
35
The Company Statement
September 06, 2023

Chinese Lifan has stopped selling cars in Russia. Later it turned out that the Moscow website is working, cars and motorcycles are available for sale. Revenue decreased in 2024 vs 2023 by more than -20%.

January 16, 2025Which Chinese cars rust the fastest. Research
April 16, 2022Chinese company Lifan leaves Russia
April 15, 2022Chinese Lifan has stopped selling cars in Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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