Recently, Foton Motor released its first ESG (Environmental, Social, and Governance) report. According to the report, in 2024, Foton Motor delivered a high-quality and sustainable development "Foton Report Card" to the industry, achieving a total sales volume of 614,100 units, a 34.98% year-on-year growth in new energy vehicle sales, and a 17.33% year-on-year increase in overseas exports. Stepping into the first quarter of 2025, Foton Motor continued to lead the industry with total sales exceeding 170,000 units and a net profit growth of 70.08%. This achievement is a testament to the inevitable outcome of Foton Motor's commitment to the ESG philosophy.
 

 

The year 2024 marked the 20th anniversary of the United Nations' proposal of the ESG concept and the 28th anniversary of Foton Motor's establishment. Over the past year, Foton Motor has keenly grasped industry trends and deeply integrated the ESG philosophy into its corporate strategy, achieving a total sales volume of 614,000 units and maintaining its top position in the industry for consecutive years. Notably, its new energy vehicle sales surged by 34.98% year-on-year, demonstrating strong momentum in the coordinated development of traditional businesses and new energy transformation.

 

In the first quarter of 2025, Foton Motor once again took the lead in the industry with total sales exceeding 170,000 units. Among them, the cumulative sales of new energy vehicles reached 25,500 units, a staggering 174.2% year-on-year increase; heavy-duty truck sales hit 31,600 units, up 52.0% year-on-year; and light-duty truck sales reached 122,500 units, a 10.9% year-on-year growth... The company has accelerated its performance across all product lines.

 

The release of Foton Motor's first-quarter report for 2025 also validates Gong Haidong's assessment. According to the report, in the first quarter of 2025, Foton Motor achieved an operating revenue of RMB 14.801 billion, a 15.01% year-on-year increase, and a net profit of RMB 436 million, a 70.08% year-on-year growth, injecting strong momentum into Foton Motor's high-quality development.

 

It is worth mentioning that while achieving rapid growth domestically, Foton Motor's overseas market has also continued to expand. According to the ESG report, in 2024, Foton exported 153,000 vehicles overseas, accounting for 17% of China's commercial vehicle export volume. It has ranked first in China's commercial vehicle overseas export sales for 14 consecutive years, with a market presence in 139 countries and regions. Its new energy products have been exported to over 60 countries and regions.

 

Foton Motor began its overseas market layout as early as 2004, making internationalization a core part of its corporate development strategy. To further advance the transformation of its overseas business from trade to industrialization, in September 2024, Foton Motor unveiled its "GREEN3030" internationalization strategy. Centered around six key aspects—product definition, R&D, supply chain system, manufacturing and delivery, marketing, and customer engagement—the strategy aims to deepen the transition of overseas business from trade to industrialization, establish a full-chain overseas expansion model featuring localized R&D, manufacturing, and service loops, and continuously contribute to local development.