Yin Mingshan Explained

Yin Mingshan (; born 1938 in Chongqing, Sichuan) is a Chinese businessman. He was the chairman of Lifan Industrial Corporation, vice chairman of the Chinese civil association and the Chamber of Commerce, president of the Chinese motorcycle manufacturers. Upon the arrival of economic reforms in China and the opening up to first provincial-level officials of the Central Committee of the Chinese Communist Party, he took the leadership of the country's private entrepreneurs. According to Hurun Report's China Rich List 2013, he was the 335th richest person in China.^[1]

See main article: Lifan Group.

Early life

During the Cultural Revolution in China, Yin spent nine and a half months as a punishment for his capitalistic tendencies.^[2] After his release he joined a publishing house.^{[3] [4]}

Lifan Group

In 1992, Yin Mingshan invested 200,000 yuan to found a motorcycle workshop which would become today's Lifan Group.^[5]

Notes and References

1. Web site: China Rich List 2013 . 4 September 2014 . Hurun Report . dead . https://web.archive.org/web/20140831000018/http://hurun.net/EN/HuList.aspx . 31 August 2014 .
2. Maostalgia . China: Triumph and Turmoil . Niall . Ferguson . Niall Ferguson . Channel 4 . 2012-03-19 . 2 . 41 . zh, en.
3. News: Yin Mingshan. https://web.archive.org/web/20030218144044/http://www.forbes.com/global/2001/1112/032_101.html. dead. February 18, 2003. Forbes.com . 12 November 2001.
4. Web site: Yin Mingshan. China Vitae.
5. Web site: Lifan Motor. Chinese car forums.