Changfeng Motor

[4] The Kylin was a compact hatchback offered during a short-lived, three year, joint venture with Bird Technology, a Chinese mobile phone maker.

[9] Prior a minority shareholder with only 29% ownership,[10] GAC Group took control of Changfeng[11] in 2012 after a long run-up dating from 2009[12] that included promises to turn the company into a joint venture with Mitsubishi.

[citation needed] During the acquisition process, Changfeng's Shanghai listed stock fluctuated wildly leading to its suspension from October 28, 2010, until sometime after March 17, 2011.

[15] The news follows predictions and evaluations done in October 2019, stating that Leopaard Motors would be bankrupt by the end of 2019 due to slow sales.

[16] In late 2010, Mitsubishi and Guangzhou Automobile Group signed a memorandum of understanding to set up a new equally owned joint venture by restructuring Changfeng.

[11] In 2011, it was reported that GAC would take control of Changfeng's Lièbào brand, which markets SUVs based on the Mitsubishi Pajero built in Changsha and Yongzhou.

[21] Since 1995, Changfeng has produced license-built Mitsubishi vehicles for both military and civilian use,[22] and until 2011, this Japanese automaker held 15% ownership of the company.

Liebao CS6
ChangFeng Flying
Abandoned Leopaard R&D center in Shunyi, Beijing. Photographed in October 2021.