The company was founded on June 10, 1997. It is a holding subsidiary of China First Automobile Group. It is the core enterprise for FAW Group to develop its own brand of passenger cars, and is the first listed company in the Chinese sedan manufacturing industry under a joint stock system. The company's main business is the development, manufacture and sale of passenger cars and their accessories. The company is a commercial vehicle manufacturer, producing models covering heavy, medium and light trucks, as well as core components such as engines, transmissions, and axles. The company has a complete manufacturing system from rough raw materials to core components, and from key assemblies to complete vehicles. The main products are heavy, medium and light trucks, buses, and core components such as engines, transmissions, and axles. Corporate honors: High-tech Enterprise, China Automobile Industry Science and Technology Progress Award, 15th People's Corporate Social Responsibility Award, 2021 Listed Company Social Responsibility Award, etc.