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General Manager Yan Guohua led the China FAW Purchasing Group to participate in China International Import Expo

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General Manager Yan Guohua leads China FAW Purchasing Group

Participate in China International Import Expo

The first China International Import Expo was held in Shanghai on November 5, 2018. General Secretary Xi gave the world a clear and firm answer. China will always be an important promoter of global openness. China will always be China's stable power source for world economic growth, China will always be a dynamic market for countries to expand business opportunities. China will always be an active contributor to global governance reform! General Manager of China First Automobile Group Co., Ltd., Guo Guohua, China First Automobile Group Co., Ltd. Deputy General Manager Qiu Xiandong and Assistant General Manager of China First Automobile Group Co., Ltd. Zhang Yujie were invited to participate in the opening ceremony and the Hongqiao Forum.

On November 6, 2018, at the Central Enterprise International Cooperation Forum organized by the State-owned Assets Supervision and Administration Commission, China FAW, as the first forum signing enterprise, opened the prelude to the signing of this year's import fair with foreign investors. Director of the State-owned Assets Supervision and Administration Commission Xiao Yaqing, Vice Minister of Commerce Wang Bingnan, Deputy Director of the State-owned Assets Supervision and Administration Commission Shen Ying, General Manager of China FAW Group Co., Ltd. Qi Guohua, President of Volkswagen Group (China) and CEO Heizman witnessed the signing of the contract, FAW-Volkswagen Limited Liu Yigong, the company's director and general manager, and Karsten Schnake, executive vice president of Volkswagen Group (China), signed the memorandum as a signing representative.

During the Expo, China FAW Purchasing Group visited the booths of Volkswagen, Audi, and Toyota Motor Company, as well as booths of world-famous parts companies such as Aisin, Denso, Bosch, Virginia, and Pirelli, to understand the cutting-edge technical information and enriched Hongqi brand supplier resources contribute to the establishment of an economic globalization platform.

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About China FAW:

China FAW Group Co., Ltd. was formerly the first automobile manufacturing plant in China established in 1953. It is headquartered in Changchun City, Jilin Province and is one of the most powerful automobile companies in China's auto industry. It owns automobile brands such as Hongqi brand passenger cars, Pentium passenger cars and Jiefang commercial vehicles. Business areas include automotive R&D, production, sales, logistics, services, auto parts, financial services, auto insurance, mobile travel and more.

China FAW has also produced and sold passenger cars such as Volkswagen, Audi, Toyota and Mazda through joint ventures with internationally renowned companies such as Volkswagen, Audi, Toyota and Mazda.

In 2017, China FAW sold a total of 3.35 million vehicles, a year-on-year increase of 7.7% and a revenue of RMB 469.9 billion. While striving to promote the development of China's auto industry, China FAW actively practices the social responsibility of state-owned enterprises. In the past 16 years, China FAW has dispatched 10 batches of 28 cadres to work in poverty-stricken counties, accumulating more than 360 million yuan in aid funds, and carrying out 163 help projects, helping 23,000 people to get rid of poverty and benefiting the county. The population is 824,700.

For more information, please visit www.faw.com.cn; or scan the QR code below to follow China FAW official WeChat

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