Jiangxi Changyun

What Jiangxi Changyun does

Jiangxi Changyun Co., Ltd. (江西长运股份有限公司) is a Shanghai Stock Exchange-listed, state-owned road transportation holding company headquartered in Nanchang, Jiangxi Province, with a national Grade 1 passenger transportation qualification and designation by the PRC Ministry of Transport as a key road transportation enterprise for 2022-2026. The company operates a multi-subsidiary regional platform delivering intercity scheduled bus services (班车客运), urban and suburban/rural public transportation (城市公交, 城乡公交), passenger station and terminal management, customized passenger transport through its 'Ganyuexing' (赣悦行) branded platform, taxi and online ride-hailing (网约巡游出租), driver training (驾驶员培训), electric vehicle charging facility operations, freight logistics via subsidiaries such as Jingdezhen Hengda Logistics, vehicle maintenance, and travel agency services.

Its core technology stack consists of fleet management and scheduling systems and the 'Ganyuexing' customized passenger service platform, both positioned as industry domain-specialized tools. Operating geography spans Jiangxi Province (Nanchang headquarters, with operating subsidiaries in Jiujiang, Fuzhou, Yingtan, Shangrao, Ganzhou, Ji'an, Xinyu, Pingxiang, Jingdezhen, and Wuyuan) and extends into Anhui Province through Huangshan Changyun and Ma'anshan Changyun Passenger Transport. Shangrao Automotive Group alone operates 27 subsidiaries across 9 city/county regions.

The business model is asset-heavy and B2B/B2G in nature. Revenue is generated primarily through transaction-fee-based fares on passenger transport services, station management fees, customized passenger contracts, and ancillary professional services such as driver training and vehicle maintenance. Customers are split between a primary government and public sector segment (urban public transit, regional connectivity, public transportation infrastructure) and a secondary enterprise segment (corporate group transportation, charter, logistics solutions). Pricing is regulated for scheduled bus fares and is not publicly disclosed elsewhere. The company is a parent of 13 named wholly-owned or majority-owned operating subsidiaries across multiple cities, with disclosed subsidiary assets ranging from 17M to 309M CNY and registered capital of 30M to 115M CNY.

Name

Jiangxi Changyun

Legal name

江西长运股份有限公司

Website

https://jxcy.com.cn

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Jiangxi Changyun (江西长运股份有限公司) is a Shanghai-listed, state-owned road transportation holding company headquartered in Nanchang, Jiangxi, operating intercity bus, urban/rural public transit, station management, customized passenger, logistics, and EV charging services through a network of subsidiaries across Jiangxi and Anhui provinces.

Ownership category

akta.pro rank

Product category

Road Passenger Transportation

NAICS

Interurban and Rural Bus Transportation (48521), Bus and Other Motor Vehicle Transit Systems (485113)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100), Transportation Services (4700)

akta.pro primary industry

Regional Intercity Bus Operators (Scheduled) (THAIADAB)

akta.pro secondary industry

Public Transit Bus Operators (Municipal/Regional) (TLAFAAAI)

Keywords

• Road passenger transportation
• Intercity bus services
• Urban public transit
• Freight logistics services
• Customized passenger transport

Headquarters

HQ city

Nanchangshi

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Passenger Transportation Services: Core revenue stream from intercity bus/coach services, urban public transportation, customized客运 services, and station management fees.
2. Logistics and Freight Services: Freight logistics operations primarily through subsidiaries like Jingdezhen Hengda Logistics.
3. Ancillary Services: Revenue from driver training schools, vehicle charging facilities, vehicle maintenance services, and travel agency services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Jiangxi Changyun is a state-owned listed road transportation company operating scheduled intercity bus/coach services, urban and suburban public transit, passenger station/terminal management, and freight logistics through a network of subsidiaries across Jiangxi and Anhui provinces. It also operates the 'Ganyuexing' (赣悦行) customized passenger service platform and provides ancillary services including driver training, EV charging facility operations, vehicle maintenance, and travel agency services.

Product overview

Jiangxi Changyun (江西长运股份有限公司) is a state-owned listed transportation company operating a comprehensive portfolio of passenger and freight transportation services. The company operates primarily as a service provider rather than a technology platform. Its main offerings include scheduled intercity bus services (班车客运), urban public transportation (城市公交), suburban/rural public transportation (城乡公交), passenger station management (道路客运站场), customized passenger transport services via the '赣悦行' platform, online/taxi services, driver training, EV charging operations, and freight logistics through subsidiaries. The company has national Class-A passenger transportation qualifications and serves as a key road transport enterprise designated by China's Ministry of Transport.

Differentiator

Problem solved

Functional benefit

Brands

• 赣悦行: Customized passenger service platform for road transportation

Products and services

• Ganyuexing (赣悦行) Customized Passenger Service Platform

Quantifiable outcome

• Named as key road transportation enterprise by Ministry of Transport (2022-2026)

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Yutong Bus: China's largest bus and coach manufacturer. While a supplier rather than direct competitor, Yutong is broadly comparable as the dominant player in the Chinese road transportation equipment ecosystem that Jiangxi Changyun operates within.
• King Long (Golden Dragon Bus): Major Chinese bus and coach manufacturer with operations spanning intercity, urban transit, and new energy vehicles. Comparable as a broad incumbent shaping the bus fleet economics that Jiangxi Changyun depends on.

Emerging players

• CaoCao Mobility: Geely-backed ride-hailing platform competing in on-demand passenger mobility. Comparable as an emerging digital mobility player whose growth directly competes with Jiangxi Changyun's urban and customized passenger services.

Direct peers

• Dazhong Transportation Group: Shanghai-listed state-owned enterprise operating public bus, taxi, and charter services across Shanghai. Directly comparable as another listed SOE road passenger transport operator with diversified urban and intercity service lines.
• Fujian Longzhou Transport: Fujian-listed road passenger transport operator with intercity bus, urban transit, and logistics operations. Directly comparable as a smaller regional listed SOE bus operator in an adjacent Chinese province.
• Shanghai Qiangsheng Holdings: Shanghai-listed company operating taxi, bus, car rental, and chauffeur services. Comparable as a listed passenger transport SOE with overlapping urban mobility and ride-hailing operations.
• Shanghai Jiaoyun (Shanghai Jiaoyun Co., Ltd.): Shanghai-listed state-owned road passenger transport and logistics company. Closely comparable to Jiangxi Changyun as a regional listed SOE with passenger transport, freight, and ancillary automotive services.
• Hainan Haiqi Transport: Hainan-listed bus and passenger transport operator. Comparable as another listed regional bus operator with similar business model of scheduled intercity services, urban transit, and charter operations.

Regional players

• Anhui Wantong Expressway: Anhui-listed expressway and road transportation operator with passenger transport subsidiaries. Comparable as a regional Anhui peer operating in one of the same provinces as Jiangxi Changyun's subsidiary network.
• Ganyue Expressway: Jiangxi-listed expressway operator headquartered in Nanchang. Comparable as a regional Jiangxi transportation peer sharing the same operating geography and government ownership context as Jiangxi Changyun.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/jiangxi-changyun-co-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jiangxi Changyun