Yinxiang Group

The Yinxiang Group (银翔) is an industrial company based in Chongqing, China, specializing in real estate and research, development, manufacturing and sales of motorcycles, passenger vehicles, gasoline engines and general-purpose engines and equipment.

The Yinxiang Group finally declared bankruptcy in 2021 with products rebranded under the Ruixiang brand.

Weiwang is a brand under the Beiqi (BAIC) Yinxiang Automobile joint venture that focuses on compact MPVs, CUVs, and minivans.

A total of 2 billion yuan was later invested in the company as of 2021, and it was renamed to BAIC Ruixiang Automobile.

300 million yuan comes from BAIC Group through a newly established subsidiary of Chongqing Changhe Automobile, 487 million came from the original Yinxiang Group and 1.2 billion came from an investment fund owned by the Chongqing municipal government.