
Group 1 - China FAW Group Corporation plans to enhance industrial cooperation with Hong Kong, increasing investment in advanced manufacturing technologies that are high-end, intelligent, and green [1] - The company aims to promote the Hongqi brand's new energy taxi products in Hong Kong, accelerating the layout, construction, and operation of battery swap stations to support a smart and green travel ecosystem [1] - Financial cooperation will be strengthened by establishing a financial and global investment center in Hong Kong, integrating talent, capital, and market resources to reinforce Hong Kong's status as an international financial center [1] Group 2 - Hongqi brand is accelerating its overseas expansion, targeting a sales volume of over 400,000 units in 2024, specifically 411,777 units, which represents a year-on-year growth of 17.4% [2] - Over the next five years, Hongqi plans to establish a global presence in over 100 countries and regions, aiming for the operation of 1,000 channels and service outlets [2] - The construction of production capacity projects, including a right-hand drive base for global markets, will commence in the second half of this year, with operational headquarters in Europe and the Middle East set to launch soon [2]