# Yulon Group

Yulon Group is a Corporate Investor based in New Taipei City, Taiwan.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** New Taipei City, Taiwan
- **Region:** Asia
- **Address:** New Taipei City, Taiwan
- **Founded:** 1953
- **Assets under management:** Undisclosed
- **Website:** www.yulon-group.com
- **LinkedIn:** https://www.linkedin.com/company/yu-lon-group-li-yuen-garment-co-ltd

## Regulatory record

- **Reports private funds:** No

## About

Yulon Group is a corporate investor and an automotive company.

## Sectors

- Mobility & Transportation
- Real Estate
- Industrial Tech
- Luxury

## Offices

- Shanghai, China

## People

- Lily Chen Yen — Chairwoman and CEO

## Questions

### Who runs investment decisions at Yulon Group?

Chairwoman and CEO Lily Chen Yen oversees all strategic and investment decisions, following her assumption of leadership in 2018 after Kenneth Yen's death. The group operates through a board-governed conglomerate structure rather than a standalone family office, with major subsidiaries including Yulon Motor Company and China Motor Corporation each maintaining their own management teams. Strategic decisions, such as the Foxconn joint venture, are driven from the group level.

### What is Yulon's structural relationship with Foxconn?

Yulon Group and Hon Hai Precision Industry (Foxconn) formed Foxtron Vehicle Technologies as a joint venture to develop electric vehicle platforms. The partnership combines Yulon's automotive manufacturing experience with Foxconn's electronics supply chain and contract manufacturing capabilities. Foxtron serves as an EV platform developer and assembler, with its designs marketed under Yulon's Luxgen brand in Taiwan.

### Does Yulon Group invest beyond automotive?

Yes. The group holds significant real estate assets including Tai Yuen Hi-Tech Industrial Park, a technology-focused industrial park in Hsinchu County, and Yulon City, a large-scale mixed-use development in Xindian District, New Taipei City. It also maintains luxury brand representation rights for Taiwan and holds commercial property in Shanghai.

### How does Yulon handle succession and governance?

After Kenneth Yen's death in 2018, leadership passed to his wife Lily Chen Yen, who became Chairwoman and CEO. Her transition from non-executive to group chief executive represents an uncommon governance path. The group maintains a conglomerate board structure, with operating subsidiaries retaining separate management layers.

### What is Yulon's posture toward the global EV transition?

Yulon is pursuing electrification through its Foxtron joint venture with Foxconn rather than developing EV technology entirely in-house. Foxtron has unveiled multiple concept and production-intent vehicles including an electric crossover, positioning the group as a regional EV platform developer. This shifts Yulon's strategy from being a license-manufacturer for foreign brands toward originating its own electric vehicle platforms.

## Related profiles

- [Yukon Wealth Management](https://altss.com/profile/yukon-wealth-management)
- [Yunnan Baiyao Group](https://altss.com/profile/yunnan-baiyao-group)

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Last updated: 2026-05-30T19:04:04.996Z

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