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Strong Growth for FAW Export in 2005

Following the export of vehicles over 10,000 in 2004, FAW made another great progress in exported vehicle volume and trading sum in 2005. According to statistics, FAW Group has exported 14,529 vehicles and the total export sum of vehicle components reaches 150 million dollars, increased by 40% and 62.8% respectively. The trading sum of import reaches 1.024 billion dollars, still keeps boosting tendency.

"Operation internationalization" is a long-term developing target for FAW Group. FAW Group strengthens its oversea operation in the aspects of market planning, development, quality control, and sales while trying to obtain more shares from domestic market. Many oversea representative offices, sub-companies, and assembling facilities have been set up and a commercial agent network is now formed in recent years.

In 2005, based on the consolidation of the traditional market in Middle East and Southeast Asia, FAW Import and Export Company concentrates on the entry into markets of the CIS and Africa, and executes"focusing strategy" to the four regions of Middle East, CIS, Southeast Asia and Africa, thus development of the four oversea markets is well balanced. In addition, with models of export products increased, the products structure of FAW Group is also optimized and the export proportion for car, mini vehicle, light-duty vehicle, coaches and medium, heavy-duty truck also becomes more reasonable.