In 2017, in order to better develop the southwest market,GINYO Chengdu Transport Facilities was established. At the end of the same year, acquired Siping Iron and Steel Products Co., Ltd. of Tonggang Group, renamed Siping GINYO Steel Strand Co., Ltd., which enlarged the company's business scope and increased product diversity.
The company acquired Changchun Golden Bean Public Transport Co., Ltd. and renamed it as the current company: GINYO Transport Facilities Co., Ltd. (GINYO).
Responding to the national policy, the company was restructured into a private enterprise and renamed as Changchun Golden Bean Public Transport Co.,Ltd
As the first batch of enterprises under the state restructuring policy, the company relocated from Changchun Bus Factory to No. 3950 Lanjia Street, Kuancheng District, Changchun City (until now no address has been changed). It was renamed Changchun Bus Chair Co-operative Company, which belongs to Changchun Bus Factory Industrial Company.
The company is affiliated to Changchun Railway vehicle Co.,Ltd, which is located in Changchun Railway vehicle site.