FAW Jiefang(SZ:000800) 第一商用车网·2025-07-02 15:56Core Viewpoint - The company is advancing its internationalization strategy by establishing wholly-owned subsidiaries in eight countries, with a total investment of 498 million RMB, to enhance its global operational capabilities and support overseas sales growth [1][3][5]. Group 1: International Expansion Strategy - The establishment of subsidiaries in Uzbekistan, Indonesia, Vietnam, Saudi Arabia, and Mexico is part of the company's "SPRINT 2030" international strategy aimed at accelerating its global presence [1][3]. - Since the launch of the "SPRINT 2030" strategy in December 2024, the company has made significant strides in global expansion, including forming international subsidiaries and entering into cooperation agreements with partners in various countries [5]. Group 2: Future Strategic Initiatives - The company plans to implement six strategic initiatives focusing on global layout, multi-brand operations, technology leadership, business innovation, collaborative win-win scenarios, and a people-oriented approach to further its internationalization efforts [5]. - The establishment of these eight subsidiaries marks a new phase in the company's international journey, aiming to achieve the strategic goal of becoming "China's first and a world-class" player in the industry [5].