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26-04-2007
Foton,
shortened for the Beiqi Foton Motor Co., Ltd.,
was founded on August 28, 1996. It is a state-owned
holding company with different types of ownership
and a company listed in the stock exchange market.
Its business operation extends in various regions
and sectors.
Headquartered
in Chang Ping District, Beijing,Foton possesses
assets exceeding 5 billion Yuan and 28,000 employees.
Foton's business units are seen in cities and
provinces such as Beijing, Tianjin, Shandong,
Hebei, Hunan, Hubei, Liaoning, and Guangdong.
And its R&D branches are distributed in
Japan, Germany, and Taiwan. Foton, whose brand
value exceeds 11.932 billion Yuan in 2005, ranked
No.4 in auto industry and No.43 in the "Top
500 China's Most Valuable Brands".
Foton
was commended as "a modernized enterprise
integrated many reforming achievements"by
Jia Qinglin, chairman of CPPCC. It is renowned
as "the fastest development and most promising
enterprise in China's auto industry". As
one of China's 520 key enterprises and one of
the backbone enterprises in China's auto industry,
Foton has been awarded consecutively with the
May 1st Labor Certificate, the Top Ten Enterprises
Image in Chinese Machinery Industry, the National
Advanced Enterprise in Quality Management, the
Model Unit of Capital Spiritual Civilization
Construction, the CCTV My Favorite Chinese Brand
2005, the appointed transportation vehicle of
space shuttle and satellite for Jiuquan Satellite
Launch Center, the Most Potential Independent
Brand in China's Manufacturing Industry, and
the Best Consumer Relationship in the 2005 Best
Corporate Public Image Evaluation.
Backed
up by a well-established structure of corporate
governance, Foton has, since its foundation,
been embarking on the road of making renovations
in respect of technology, market and mechanism,
thus realizing development on a fast track.
It had set a new record of producing and selling
1,000,000 vehicles in the course of eight years
in the history of China's auto industry. Foton
has been developing rapidly to be the driving
force of independent brand and independent creative
ability in China's Auto Industry. As the biggest-scale
auto manufacturer with the complete range of
commercial vehicles in China, Foton possesses
the brands of Auman, AUV, View, Saga, Aumark,
Ollin, Sup and Forland.
During
the 11th Five-Year Planning period, Foton will
mainly develop both independent intelligent
property right and independent brand, actively
promote international cooperation, and cultivate
international competitive advantages under the
guideline-high quality, low cost, globalization.
By 2010, Foton will stand as a million-level
commercial vehicle manufacturer and to be a
world-class player with oversea sale volume
accounting for 20% of total sales.
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