What level of state-owned enterprise is Beiqi Foton?

The company is a state-owned enterprise directly under the central government.

According to the information displayed by official website of Beiqi Foton Motor Co., Ltd., Beiqi Foton Motor Co., Ltd. is an enterprise controlled by Beijing SASAC. It was established in 1996 and listed on the Shanghai Stock Exchange on 1998. Foton Motor is a leading enterprise in the field of commercial vehicles in China, covering all categories of commercial vehicles and building four business systems: vehicles and mobile equipment, spare parts, digital technology and business ecology.

As an important member of BAIC Group, Foton Motor has large assets, a large number of employees and high brand value. In China, the commercial vehicle market has been leading for many years, and its overseas exports are also outstanding. These achievements show that Foton Motor has an important position and influence in the field of commercial vehicles.