
Hongqi is a brand under FAW (First Automobile Works), independently developed by FAW, and serves as FAW's premium brand. The company was established on June 10, 1997, in the Changchun High-Tech Industrial Development Zone and listed on the Shenzhen Stock Exchange on June 18, 1997, becoming the first joint-stock listed company in China's passenger car manufacturing industry. Related introduction: 1. Brand positioning: The new Hongqi will highlight the concepts of "new nobility," "new sophistication," and "new sentiment," deeply integrating China's excellent culture with world-class advanced culture, modern fashion design, cutting-edge technology, and refined emotional experiences to create outstanding products and services. 2. Strategic goals: To build Hongqi into "China's No. 1, world-famous, new noble brand," meeting consumers' pursuit of a better life and wonderful travel in the new era, and shouldering the historical mission of strengthening China's automotive industry.

Hongqi is a brand under the FAW Group, commonly known as China FAW. This group is a large state-owned enterprise that has not undergone an overall listing, so the Hongqi brand is not directly affiliated with any listed company. However, FAW Group has several listed subsidiaries, such as Changchun FAWAY Automobile Components (stock code: 600742), which produces auto parts, and FAW Jiefang (stock code: 000800) in the commercial vehicle sector. As a premium brand, Hongqi has been directly operated by the group. A few years ago, there were plans to list its passenger car business separately, but this has not yet materialized.

I specialize in corporate structure research, and indeed, the Hongqi brand is not listed under any publicly traded company. It is managed by China FAW Group, a central state-owned enterprise that itself is not listed. You might have heard of FAW Jiefang and FAW Group Corporation, subsidiaries of FAW Group, which are listed on the A-share market. However, Jiefang primarily focuses on truck manufacturing, while FAW Group Corporation is involved in automotive parts production—neither directly includes the Hongqi passenger car business. In reality, the Hongqi brand assets remain under the direct control of the group, so if you're looking for a dedicated Hongqi concept stock in the market, there isn't one.

I've been driving the Hongqi H5 for two years now. This car is produced by China FAW Group. FAW's headquarters is located in Changchun, and the group itself isn't listed, so Hongqi isn't considered a brand under a listed company. The group does have several listed subsidiaries though, like FAW Jiefang in Shenzhen which handles truck business, and Changchun FAWWAY Auto Parts which produces car lights and seats. But as owners, we all know the Hongqi series is FAW's core project directly managed by the group - it's never been placed under any listed company.

Those who follow the investment market know that Hongqi is a core asset of China FAW Group. While the entire group is not yet publicly listed, there are two listed companies under the group related to Hongqi: FAW Jiefang (stock code 000800) listed on the Shenzhen Stock Exchange, mainly responsible for commercial vehicles; and FAW Fawer (stock code 600742) listed on the Shanghai Stock Exchange, which supplies parts for Hongqi. Therefore, although investors cannot directly buy Hongqi stocks, they can indirectly invest through these supplier companies.

In the automotive industry, we all know that the Hongqi brand belongs to China FAW, a state-owned enterprise that is not yet listed. However, the group controls two A-share listed companies: FAW Jiefang, which manufactures trucks, and FAW Fuwei, which produces auto parts. As a premium brand, Hongqi's core assets such as production lines and R&D centers are held by the group's parent company. There were rumors a couple of years ago about plans to spin off the passenger vehicle business for an IPO, but it hasn't materialized yet. Therefore, currently, Hongqi is indeed not part of any listed company.


