History:1950s, Military machinery plant in Jiangxi.1960s, Yangzhou Automobile Repair and Manufacture Factory, specialized 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 branded Group Co., Ltd was founded; it is the biggest bus company in China.1997, Yaxing-Benz Limited was founded; it is a joint venture between Yaxing Group and Daimler-Benz, consisting of a 50% share-hold for each.1998.9, Yangzhou Yaxing Motor branded Co., Ltd was founded by the main initiator- Jiangsu Yaxing Motor branded Group Ltd with the approval of the Jiangsu government. 1999.8, Yangzhou Yaxing Motor branded 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 Motor branded Group, Yaxing Benz is renamed Yangzhou Yaxing Commercial Vehicle Co., Ltd.2007, Jiangsu Yaxing Motor branded Group Ltd was renamed Jiangsu Yaxing Automobile Group Ltd. Called Yaxing Automobile Group for short.2007, Yaxing Automobile Group reorganized the bus division of Yaxing, transferring the core business of buses from Yaxing Commercial Vehicle Ltd. to Yaxing Motor branded Co., Ltd; resulting in a renewed company. Total capital assets:Registered capital: 220 million RMB, total capital assets 2.4 billion RMB, a sole state-owned securities group company, Employees:2, 500 Area:1.2 million square meters. Product:Buses. Logos: YAXING Series: 40 Models: 300 Types: Large, medium, small Grades: Luxury, medium, economical Service fields:city, intercity, tour, group Technology:Systems from Benz: Product research & development, production management, quality control, technical and after-sales service, spare parts.Product technology from Benz: Modularized construction, FEA, integral wire harness.