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What level of enterprise is FAW Group?

1 Answers

MalachiLee

07/30/25 10:42am

FAW Group is a deputy ministerial-level unit under the supervision of the State-owned Assets Supervision and Administration Commission. Located in Luyuan District, Changchun City, Jilin Province, China, FAW Group was formerly known as the First Automobile Works. Its factory name was inscribed by Chairman Mao Zedong, and it was founded by Rao Bin on July 15, 1953. Overview of FAW Group's structure: China FAW Group Corporation has 26 functional departments, 6 branches, 9 wholly-owned subsidiaries, 5 holding subsidiaries, and 24 shareholding subsidiaries. Among them, China FAW Co., Ltd. has 8 branches, 14 wholly-owned subsidiaries, 12 holding subsidiaries, and 8 shareholding subsidiaries. FAW's business areas and brands: Business areas include automobile R&D, production, sales, logistics, services, auto parts, financial services, auto insurance, and mobility services. China FAW Group directly operates the Hongqi brand and also owns independent brands such as FAW Jiefang and FAW Bestune.

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