Leju Financial News Wang Min On February 14, FAW Jiefang Group Co., Ltd. (hereinafter referred to as "FAW Jiefang") released the production and sales express data for January 2022. In January, FAW Jiefang's total production of product types was about 26,100 units, down 43.52% year-on-year, and the total sales volume of product types was about 28,300 units, down 64.28% 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
![FAW Jiefang sold 16,900 new vehicles in March, down 65.05% y/y[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)