Faw Jiefang Group Co., Ltd Class ASZSE: 000800

FAW Jiefang Group: Sales up, profit down; new energy and exports surged, but revenue and net profit declined

· Issued by Faw Jiefang Group Co., Ltd Class A

Annual vehicle sales rose 3.9% to 251,100 units, with strong growth in new energy and exports, but operating income fell 8.93% and net profit dropped 22.78% year-over-year. The company raised 2 billion yuan, expanded internationally, and maintained industry leadership despite market headwinds.

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