On March 3, FAW Group held a meeting to summarize its business performance for January-February and to set goals for March. In the first two months of the year, FAW sold over 460,000 vehicles, marking a strong start. Among these, sales of its self-owned brands exceeded 140,000 units, a year-on-year increase of 11.3%. Sales of new energy vehicles under its self-owned brands surged by 193%, five times the industry average. Additionally, FAW-Volkswagen and FAW Toyota maintained leading positions among joint venture brands.

Hongqi, the premium passenger vehicle brand of FAW Group, has seen steady growth in its high-end vehicle sales. Supported by the "two new" subsidies - large-scale equipment renewal and consumer product trade-ins - Hongqi launched an HS7 original-value trade-in program, attracting widespread attention from high-end potential customers. In the first two months of 2025, Hongqi achieved wholesale sales of 70,434 units, a year-on-year increase of 7.9%, with new energy vehicle sales up 56.9%.

Jiefang, the commercial truck brand under FAW Group, launched the new-generation JH6, which features 22 lightweight technology upgrades. The Jiefang J7 intelligent factory was recognized as one of the Ministry of Industry and Information Technology's first batch of excellence-level smart factories. In the first two months of this year, FAW Jiefang achieved a strong start, demonstrating robust growth momentum.

Bestune, another wholly-owned passenger vehicle brand of FAW Group, launched the "Bring Love Home" Spring Festival campaign and the brand technology day event. It also introduced the refreshed Linglong Pony and Lingli Pony models, and held dealer mobilization meetings for the Yueyi 03. By capitalizing on the "two new" subsidies and strengthening its new media customer acquisition strategy, Bestune sold 24,000 vehicles from January to February, a 46% year-on-year increase, significantly outperforming the industry average.

FAW-Volkswagen, a passenger car joint venture between FAW Group and Volkswagen AG, achieved wholesale sales of 226,000 vehicles and retail sales of 235,000 vehicles in the first two months of 2025, both exceeding its sales targets. Its estimated retail market share for fuel vehicles reached 13.3%, a year-on-year increase of 2.1%. Specifically, Volkswagen brand sold 136,000 units, with its fuel vehicle market share rising month-on-month. Audi brand sold 82,700 domestically produced vehicles, achieving positive year-on-year growth. Jetta brand sold 16,500 units, with both market coverage and fuel vehicle market share increasing year-on-year.

FAW Toyota, a joint venture between FAW Group and Toyota Motor, sold 93,000 vehicles in January to February, a year-on-year increase of 21%. The company also exceeded its cost reduction targets, laying a solid foundation for high-quality development.

FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.

| Editor: Duying
| Initial Review Chen Duohua
| Second Review: Liu Shumei
| Final Review: Li Xiang