福田汽车董事长常瑞履新,担任控股股东北汽集团总经理

Core Viewpoint - Chang Rui has been appointed as the General Manager of Beijing Automotive Group Co., Ltd. (BAIC Group), which is the controlling shareholder of Foton Motor [2][4]. Group 1: Leadership Changes - On January 30, BAIC Group announced the appointment of Chang Rui as the Deputy Secretary of the Party Committee, Director, and General Manager [2]. - Chang Rui previously held positions as the Assistant General Manager of BAIC Group and Chairman of Foton Motor [4]. Group 2: Company Ownership and Structure - BAIC Group directly holds 40.84% of Foton Motor's shares as of the end of Q3 2025 [4]. - Foton Motor is a subsidiary of BAIC Group, which ranks as the fifth-largest automotive group in China and has been listed in the Fortune Global 500 for 13 consecutive years [7]. Group 3: Financial Performance - Foton Motor expects a net profit of approximately 1.33 billion yuan for 2025, representing a year-on-year increase of 1551% [7][9]. - The company anticipates a turnaround in its main business profits, driven by strategies focused on internationalization, electrification, and smart technology [9]. Group 4: Sales and Market Performance - In 2025, BAIC Group's total vehicle sales reached 1.752 million units, a year-on-year increase of 5.60%, while Foton Motor's sales were 650,100 units, up 5.85% [7]. - Foton Motor's sales of new energy vehicles are projected to reach 101,200 units in 2025, marking an 87.21% increase year-on-year [9]. - The overseas sales of Foton Motor are expected to be 164,500 units, reflecting a 7.27% growth [9]. Group 5: Stock Performance - As of January 30, Foton Motor's stock price was 2.95 yuan per share, with a decline of 4.84%, resulting in a total market capitalization of 23.36 billion yuan [10].

FOTON-福田汽车董事长常瑞履新,担任控股股东北汽集团总经理 - Reportify