The history of Shanghai permanent bicycle co., LTD. Can be traced back to 1940. It is one of the earliest complete bicycle manufacturers in China and has a history of nearly 80 years. As the largest state-owned bicycle factory, it has made an indelible contribution to the development of China's bicycle industry. It has developed a calibration car that uniformed the national standard specifications of bicycles, and developed the first generation of 660MM light vehicle, heavy-duty vehicle, racing car and electric bicycle, LPG gas moped and children's series products. Over the past decades, the company has won numerous honors such as "national quality award of the People's Republic of China", "one of the first ten well-known trademarks", "top ten well-known brands of China's bicycle industry", "China famous brand product", "Shanghai famous trademark", "the most competitive brand in the market".
For more than half a century, our products have been sold to more than 50 countries and regions in Europe, Asia and Africa. As one of the earliest enterprises to implement the reform of modern enterprise system in China's bicycle industry, the whole enterprise was restructured into A listed company in China in 1993. A and B shares were successively listed in Shanghai stock exchange.
At the beginning of the 21st century, middle road entered the permanent, forming a Shanghai as the center, many upstream and downstream production enterprises formed a complete industrial chain pattern. Now it has a large domestic production base of two-wheelers and tricycles, with an overall planning of 380000 square meters. It has become a large production and manufacturing base integrating research, development, production, display and other functions of middle-grade and high-grade bicycles, electric bicycles, baby carts and other products.
Permanent, with 4.66 billion yuan brand value based on the peak of the industry!