FAW Sihuan is a domestic A-share listed company, so it is divided into joint-stock companies.
Changchun FAW Sihuan Automobile Co., Ltd., as the first "experimental field of joint-stock reform" of FAW Group, was officially put into production on June 1993 and listed on the Shanghai Stock Exchange on August 26th, 1996. Now its total share capital is 2 1 1523400 yuan. In the market competition, the enterprise has been growing, and its total assets have soared from 94 million yuan in 1993 to 2130 million yuan in 2005.
In recent years, the company has adjusted its product structure, made full use of the advantages of shareholding system, efficiently used raised funds, and accelerated the pace of enterprise transformation. Clearly adjust the internal resources of the enterprise into two product platforms: the modified car of "Jiefang" brand and the auto parts of "Fuao" brand.
At present, the company has five wholly-owned subsidiaries, such as Wheel Branch, Special Purpose Vehicle Branch, Automobile Research Joint Modification Branch, Stamping Parts Branch, Traffic and Economic Branch, and two holding subsidiaries, such as Changchun Fuao-johnson controls Auto Accessories System Co., Ltd. and Changchun Sihuan Bada Electric Appliance Co., Ltd.; In the form of joint venture and cooperation, Changchun Manhumer Filter Co., Ltd., Changchun Fuao Dongyang Plastic Products Co., Ltd., Tianjin Yingtai Automobile Supplies Co., Ltd., Changchun Fuao Mokelan Automobile Rearview Mirror Co., Ltd. and other joint-stock companies have been established successively. Be able to independently develop and sell modified cars, and produce trunk assemblies, wheel assemblies, automobile interiors and electrical appliances, automobile stamping parts, plastic parts, filters, rearview mirrors and other products for FAW and other automobile manufacturers; It is a pillar enterprise on the spare parts industry platform of FAW Group.
Among the wholly-owned subsidiaries, it has the largest wheel factory in China and the only wheel R&D center in China, forming three series 100 varieties of wheel product layout, and its quality and technical level are in the leading position in China. In addition to supporting major domestic automobile companies, it has also been incorporated into the procurement networks of world-renowned automobile companies such as GM, Dyke and Volvo with its superb technology and quality, and exported to the United States, Europe, Southeast Asia and other places in batches. Its special purpose vehicle has the largest trunk production line in Asia. By combining with the modified car branch, we can complete the design, manufacture and sales of various multi-purpose trunks and modified cars such as open, fully enclosed, semi-enclosed, fenced, RV, camping car, refrigerated truck, dump truck series and semi-trailer series in a short time according to the different needs of users.