China FAW Group Corporation Limited was formerly the First Automobile Work shop in P.R. China established in 1953. Headquartered in Changchun city, Jilin Province, China FAW is one of the most powerful automobile companies in China’s auto industry. She owns automobile brands such as Hongqi and Bestun for passenger cars, Jiefang for commercial vehicles and trucks. Business scope of China FAW includes automobile R&D, production, sales, logistics, services, auto part, financial services, auto insurance, mobility travel and more.
By joint-venture with internationally renowned companies such as Volkswagen, Audi, Toyota and Mazda, China FAW produces and sales passenger cars from joint-venture companies with Volkswagen Audi, Toyota and Mazda.
In 2017 China FAW sold a total of 3.35 million vehicles, with a year-on-year increase of 7.7%, and realized revenue of 469.8 Billion CNY (67.1 Billion USD). While striving to promote the development of China's auto industry, China FAW has always practiced corporate social responsibility as the core concept of enterprise development. In the past five years, China FAW has invested 360 Million CNY (51.4 Million USD) in public welfare and has supported more than 100 corporate social responsibility projects, Covering many poverty-stricken areas in the northwest and southwest of Tibet, Qinghai, Sichuan, etc., directly or indirectly helped more than 100,000 people out of poverty, benefiting more than 1.5 million people.
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