Brief introduction of Sichuan FAW Toyota Motor Co., Ltd.

Sichuan FAW Toyota Motor Co., Ltd. (hereinafter referred to as Sichuan FAW Toyota) is a Sino-foreign joint venture jointly funded by China FAW Group Corporation, Toyota Motor Corporation of Japan and Toyota Tsusho Co., Ltd. Sichuan FAW Toyota is the first vehicle project of Toyota Motor Corporation in China and the largest automobile joint venture project in Sichuan Province at present. The company was established in1October1998110, with a joint venture term of 30 years, a total investment of 9180,000 US dollars and a registered capital of 307 million US dollars, with 50% for both Chinese and foreign parties.