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 carries out 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 an overseas service network, with distribution centers in several countries, including Panama, Dubai, Germany, Russia, Indonesia, Brazil, Thailand, and Kenya. It has a presence in Asia, the Americas, Africa, and Europe. Foton Motor is headquartered in Beijing, China.
Headquarters
China
Address
North of Laoniuwan Village, Shayang Road, Shahe Town, Beijing City, 102206
Website
www.foton.com.cn
Telephone
86 10 80716459
No of Employees
22,724
Industry
Automotive
Ticker Symbol & Exchange
600166 (SHA)
Revenue (2024)
$8.5B
-15%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-91.1%
(2024 vs 2023)
Market Cap*
$3.5B
Net Profit Margin (2023)
XYZ
-89.5%
(2024 vs 2023)
* As of and is in US$
Beiqi Foton Motor Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Medium and Heavy Duty Trucks | Maintenance and Repairs |
| Light Duty Trucks | |
| Pickup Vehicles | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In May, the company entered into an agreement with Huawei Digital Power Technologies Company to promote electrification technologies for battery-powered heavy-duty trucks. |
| 2025 | Contracts/Agreements | In May, the company entered into a partnership with Eve Energy to launch a battery leasing joint venture for electric heavy-duty trucks. |
| 2025 | Contracts/Agreements | In February, the company entered into an agreement with Teld New Energy Company to form a joint venture. |
Competitor Comparison
| Key Parameters | Beiqi Foton Motor Co Ltd | China FAW Group Co Ltd | Chongqing Changan Automobile Co Ltd | Jiangling Motors Corporation Ltd | Yangzhou Yaxing Motor Coach Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Beijing City | Changchun City | Chongqing | Nanchang | Yangzhou |
| State/Province | Beijing | Jilin | Chongqing | Jiangxi | Jiangsu |
| No. of Employees | 22,724 | 120,000 | 58,274 | 11,203 | 500 |
| Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Chang Rui | Chairman | Executive Board | 2022 | 50 |
| Lu Zhenghua | General Manager; Director | Executive Board | 2026 | 49 |
| Li Qinghua | Chief Financial Officer; Deputy General Manager | Senior Management | 2024 | 46 |
| Li Xiaolong | Deputy General Manager | Senior Management | 2026 | 49 |
| Guo Tongjin | Deputy General Manager | Senior Management | 2026 | 42 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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