500 Million Yuan! FAW Jiefang Plans to Set up 8 Overseas Subsidiaries
03 July 2025
FAW Jiefang has announced that, in order to implement the company's overseas industrial strategy and accelerate the localization of overseas operations, the company plans to invest in eight countries, including Uzbekistan, Indonesia, Vietnam, Saudi Arabia, and Mexico, to set up wholly-owned subsidiaries, with a total investment of 498 million yuan. This move aims to speed up the construction of the company's internationalization capabilities and support the breakthrough of overseas sales.
Source : www.chinabuses.org
Editor : David
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