Beiqi Foton Motor Co Ltd - Company Profile
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Beiqi Foton Motor Co., Ltd., (Foton Motor), a subsidiary of Beijing Automotive Group Co Ltd, is a state-owned, publicly traded automotive manufacturer. The company's primary activities encompass the production of a comprehensive range of commercial vehicles. Foton Motor's product portfolio includes medium and heavy-duty trucks, light-duty trucks, mini trucks, vans, pickups, buses, and construction machinery vehicles. The company is also involved in the production of electric vehicles. The company operates overseas service network, with distribution centers in several countries including Panama, Dubai, Germany, Russia, Indonesia, Brazil, Thailand, and Kenya. It has presence in Asia, Americas, Africa, and Europe. Foton Motor is headquartered in Beijing, China.
Headquarters
China
Address
North Side Of Shayang Road, Shahe Town, Changping District, Beijing, 102206
Website
www.foton.com.cn
Telephone
86 10 80716459
No of Employees
18,840
Industry
Automotive
Ticker Symbol & Exchange
600166 (SHA)
Revenue (2021)
$6.9B
-15.5%
(2021 vs 2020)
EPS
XYZ
Net Income (2021)
XYZ
101.3%
(2021 vs 2020)
Market Cap*
$2.9B
Net Profit Margin (2021)
XYZ
101.5%
(2021 vs 2020)
* As of and is in US$
Beiqi Foton Motor Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Medium and Heavy-Duty Trucks | Repairs |
| Light-Duty Trucks | Maintenance |
| Passenger Vehicles | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In November, the company announced its plans to acquire assets from Loxa's unit. |
| 2023 | New Products/Services | In March, the company launched FOTON eAUMARK in Argentina. |
| 2022 | Contracts/Agreements | In December, the company and Piaggio entered into an agreement for the development of a new range of four-wheel electric light commercial vehicles. |
Competitor Comparison
| Key Parameters | Beiqi Foton Motor Co Ltd | Chongqing Changan Automobile Co Ltd | China FAW Group Co Ltd | Jiangling Motors Corporation Ltd | Yangzhou Yaxing Motor Coach Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Beijing | Chongqing | ChangChun City | Nanchang | Yangzhou |
| State/Province | Beijing | Chongqing | Jilin | Jiangxi | Jiangsu |
| No. of Employees | 18,840 | 42,894 | 120,000 | 11,619 | 1,371 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Chang Rui | Chairman | Executive Board | 2022 | 47 |
| Wu Xibin | General Manager; Director | Executive Board | 2022 | 51 |
| Song Shushan | Deputy General Manager; Director | Executive Board | 2022 | 53 |
| Zhang Quan | Director | Non Executive Board | 2014 | 60 |
| Wang Xuequan | Director | Non Executive Board | 2022 | 45 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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