Is FAW Lease Loan Formal?

Faw lease loan is formal. FAW Group has completed the strategic investment framework agreement for Baiteng Automobile, and FAW will participate in the financing of Baiteng B round as a strategic investor. This is also the first time that state-owned automobile enterprises have joined hands with new automobile manufacturing enterprises. In addition to capital cooperation, the two sides will consider all-round cooperation in the future, involving production, research and development, supply, procurement and key links in the supply chain.

Brief introduction of FAW Group

The former First Automobile Factory of China FAW Group Corporation, referred to as FAW for short, is a brand of China FAW. 1July 5, 953, the first automobile factory broke ground, and the new China automobile industry started from here. 20 1 1 on June 28th, China faw reorganized its main business according to the requirements of SASAC the State Council. China FAW Group Co., Ltd. is located at No.2259 Dongfeng Street, Automobile Industry Development Zone, and its main brand is Jiefang Brand.