laitimes

FAW Jiefang's sales in 2021 decreased by 7.23% y/y to 439,700 units

Leju Financial News Deng Rufei On January 10, FAW Jiefang Group Co., Ltd. (hereinafter referred to as "FAW Jiefang") issued a voluntary information disclosure announcement on the 2021 annual production and marketing express.

According to the announcement, FAW Jiefang's annual sales in 2021 were 439,700 units, down 7.23% year-on-year; production was 375,400 units, down 24.81% year-on-year.

FAW Jiefang was established on June 10, 1997 with a registered capital of 4.65 billion yuan and the legal representative is Hu Hanjie, whose business scope includes research and development, production and sales of medium and heavy trucks, complete vehicles, buses, bus chassis, etc. The company's major shareholder is China FAW, holding 65.81% of the shares. The company has 5 foreign-invested enterprises, including FAW Jiefang Automobile Co., Ltd.

Source: Leju Finance

Read on