FAW JIEFANG AUTOMOTIVE

Faw Jiefang Automotive is a manufacturer of medium, heavy and light trucks and buses. It is a wholly-owned subsidiary of FAW Jiefang Group Co., Ltd. (listed on the Shenzhen Stock Exchange on May 20, 2020, stock code: 000800). In 2019, a total of 369,700 vehicles were produced and 336,000 were sold, of which 285,000 were medium and heavy trucks, accounting for 21.8% of the total. In the first half of 2020, a total of 277,000 completed vehicles were sold, of which 239,000 were medium and heavy trucks, accounting for 27% of the total, making it the industry's first place.