[1] In 2012, Fujian Automobile Industry Group had an operating income of 10.26 billion yuan, of which Southeast Automobile accounted for 7.261 billion yuan, On May 16, 2013, the People's Government of Fujian Province and Dongfeng Motor Corporation signed a strategic cooperation framework agreement, Dongfeng Motor Corporation will acquire 45% of the equity of Fujian Automobile Industry Group Co., Ltd. held by the State-owned Assets Supervision and Administration Commission of Fujian Province through capital increase, At the same time, Dongfeng Motor Corporation and FAW Group will also establish an investment company to control Southeast (Fujian) Automotive Industry Co., Ltd. King Long United Automotive Industry Co., Ltd (Chinese: 厦门金龙联合汽车工业有限公司) or commonly known as King Long (simplified Chinese: 金龙; traditional Chinese: 金龍; pinyin: Jīnlóng, literally, Golden Dragon) is a Chinese bus manufacturer headquartered in Xiamen, Fujian.

Founded in December 1988, it is focused mainly on developing, manufacturing and selling large-and-medium-sized coaches and light vans.

At the same time, NLM signed the first contract with Panda New Energy on delivering 35,000 electric logistics delivery vans.

[9][10][11] Its principal activity is the design, development, production and sale of passenger cars and minibuses sold under the Soueast marque.

Southeast has been acquired by Chery in 2024 and is currently producing Jetour brand vehicle.Founded in December the 4th, 2015 in Putian, Fujian,[14] Yudo Auto (云度) is a new energy vehicle brand with main shareholders are state-owned companies and the local government of Putian, in Fujian Province.