Company Name: China FAW Group Corporation (FAW)
Company Nature: A wholly state-owned central enterprise directly under the State-owned Assets Supervision and Administration Commission of the State Council, the cradle of China’s automobile industry
Headquarters Location: Changchun, Jilin Province
Development Start: Established in 1953, produced the first Jiefang truck in New China in 1956
FAW GROUP CORPORATION
Current Leader: Chairman Qiu Xiandong
Listed Platforms (3 companies)
– FAW Jiefang (000800): Core platform for commercial vehicles
– FAW Faway (600742): Automotive parts supplier
– Qiming Information (002232): Automotive electronics, software, and vehicle networking
1. Independent Brands (Core Flagship Brands)
– Hongqi: Benchmark for high-end luxury passenger vehicles in China, designated vehicle for major national events, the leading independent high-end brand
– Jiefang: Leading domestic medium and heavy truck manufacturer, a national brand for commercial vehicles, with a long-standing leading market share in the industry
FAW GROUP CORPORATION
– Bestune: A mainstream family passenger vehicle brand, focusing on high cost-performance, new energy, and intelligent models.
2. Joint Venture Brands (Sales Base)
– FAW-Volkswagen: Volkswagen, Audi, Jetta (Core segment of mainstream joint venture passenger vehicles in China)
– FAW-Toyota: Toyota’s full range of passenger vehicles, focusing on stability, durability, and the family car market.
FAW GROUP CORPORATION
Business Segments: Covering seven major segments: Hongqi, Jiefang, Bestune, Joint Ventures, Emerging Industries, Overseas Markets, and Ecosystem Services.
Production Bases: Multiple bases across China, including Changchun, Chengdu, Qingdao, Tianjin, and Foshan.
R&D System: Global R&D in six locations across three countries (China, Germany, and Austria), focusing on new energy, intelligent driving, and independent control of core components.
Overseas Layout: Business covers 85 countries, with 21 overseas KD assembly plants and 150+ overseas dealers.
FAW GROUP CORPORATION
– Group Brand Value: RMB 491.581 billion, ranking first in China’s automotive industry for 22 consecutive years.
– Hongqi brand value: RMB 141.065 billion, leading domestic passenger vehicle brand
– Jiefang brand value: RMB 145.029 billion, the number one domestic commercial vehicle brand
FAW GROUP CORPORATION
– Cumulative production and sales: Cumulative production and sales of vehicles exceed 64 million units
– Domestic brand sales growth: In 2024, domestic brand sales reached 819,000 units, a year-on-year increase of 14.7%
– Technological achievements: Nearly 900 breakthroughs in key core technologies of the automotive industry in the past three years
FAW GROUP CORPORATION
Corporate Mission: To serve the country through industry and strengthen the nation’s industrial base, and to strengthen China’s national automotive industry.
Core Strategy: The 1169 development strategy, fully promoting the All-in-New Energy and comprehensive electrification transformation.
Development Goal: To build a world-class automotive enterprise with excellent products, a distinguished brand, leading innovation, and modern governance.
| Brand | Model | Popularity Keywords | Design Highlights at a Glance |
| Hongqi | New H5 | Domestic B-segment sales champion, 2026 model coming soon | Front fascia features a futuristic split headlight design. Side profile includes semi-hidden door handles. Rear has a unique “wine glass” full-width taillight cluster. |
| HS6 PHEV | Large plug-in hybrid SUV, high performance | A “big guy” with a length of nearly 5 meters and a wheelbase over 2.9 meters. Front features a closed “Alpine Waterfall” grille. Interior offers zero-gravity seats and a smart refrigerator. | |
| Volkswagen | New Sagitar S | A+ segment benchmark, 20th-anniversary edition | Built for a younger audience. Front adopts a sportier dot-matrix grille, paired with 18-inch two-tone wheels and smoked black LED taillights for a more dynamic style. |
| Audi | A5L | FAW-Volkswagen’s 30 millionth vehicle produced | Celebrated as a milestone model. Specific design details haven’t been officially released, but as the next-gen Audi sedan, its design language is highly anticipated. |
| Toyota | New-Gen RAV4 | Bestselling fuel SUV, new generation model | Exterior follows the rugged overseas version, featuring a hexagonal large grille and C-shaped headlights. Rear has a full-width taillight, emphasizing a tough look. |
| Yi (New Energy) | Yueyi 08 | New flagship electric sedan (fastback) | A B+ segment fastback coupe. Drag coefficient is as low as 0.198 Cd. Features “Starry River Waterfall” lights, frameless electrochromic doors, and LiDAR. Blends tech and style. |
| Jiefang | J7 Pilot Edition | High-end heavy truck, 700 hp | A major 2025 product from Jiefang, focusing on premium, high efficiency, and intelligence. A flagship model for express freight, with a commanding appearance. |
FAW GROUP CORPORATION
FAW GROUP CORPORATION
