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Foton

Brand Name:Foton

Brand Introduction:official website

Foton Motor, officially known as Beiqi Foton Motor Co., Ltd. (abbreviated as Foton Motor, stock code 600166), is one of China's leading commercial vehicle enterprises. The company was established on August 28, 1996, with its headquarters in Beijing. It currently has assets exceeding 30 billion yuan and nearly 40,000 employees. Foton Motor's product line covers four major business sectors: complete vehicles, parts, finance, and the automotive aftermarket. It owns eleven major automotive product brands, including Auman, Auhui, Oumako, Aoling, Tola, Mianpai, Midi, Sapu, Fengjing, and Shidai. Foton Motor drives development through innovation, keeping pace with the trend of new energy vehicle technology, developing energy-saving and environmentally friendly products, and achieving commercial operation. The company has produced and sold nearly 6,000 vehicles in the field of energy-saving and new energy vehicles, becoming one of the largest producers and sellers of new energy vehicles in China. In addition, Foton Motor actively fulfills its social responsibilities, having donated nearly 50 million yuan in cash and goods, and established a social welfare organization—the Foton Motor Media Love Association (abbreviated as FMG), which continues to contribute love and care. On April 28, 2023, Foton Motor released its annual report, achieving an operating income of 46.447 billion yuan in 2022, a year-on-year decrease of 15.51%. On August 28, 2023, Foton Motor officially launched a new logo, marking a refresh of the brand image. Committed to becoming a world-class mainstream automotive enterprise, Foton Motor plans to produce and sell 4 million vehicles annually by 2020 through its "5+3+1" strategy, aiming to enter the top ten global automotive enterprises. (Note: The last sentence mentions a plan for the year 2020, which might be outdated or a typo. If it's a typo and the plan is for a future year, please adjust the year accordingly.)
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