1) Liyang was established in 1968 in Taiwan by Sam Siu and is one of the pioneering Taiwanese bicycle manufacturers still operating today. 2) In the 1970s, Sam Siu began manufacturing and exporting bicycles from Taiwan to worldwide markets, establishing Liyang Industrial Ltd. and a factory in Taipei. 3) Over the decades, Liyang expanded production to China and Vietnam but faced challenges, until current leadership was able to reorganize the company and focus on high efficiency manufacturing while partnering with other brands.