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Beijing Automotive Group Co., Ltd. (BAIC Group)

2021-05-21

        Beijing Automotive Group Co., Ltd. (BAIC Group for short), founded in 1958 and headquartered in Beijing, is a leading enterprise in China's automotive industry. It has developed into a large state-owned automobile enterprise group covering vehicle and parts research and development and manufacturing, automobile service trade, comprehensive travel service, finance and investment, etc., ranking No. 134 in the Fortune Global 500 in 2020.

        Since 1958, when Beijing Automobile Works produced the first independently developed car -- Jinggangshan, BAIC Group has independently developed and produced China's first generation light off-road vehicle BJ212 and the first generation light truck BJ130, and established the first vehicle manufacturing joint venture in China's automobile industry -- Beijing Jeep Automobile Co., Ltd. China's accession to the WTO after the first vehicle manufacturing joint venture, Beijing hyundai motor co., LTD., and comprehensively deepen strategic model of joint venture cooperation, Beijing Benz auto co., LTD., in the opening to the outside world, the transformation mechanism, absorbing foreign investment, introduce technology and the use of social capital in the national industry, made a positive contribution to the development of Chinese automobile industry.

        BAIC Group owns well-known enterprises and research and development institutions such as Beijing Auto, BAIC off-road vehicle, Changhe automobile, BAIC new energy, BAIC Foton, Beijing Hyundai, Beijing Benz. With Beijing as the center, BAIC Group has set up bases of independent brand passenger vehicle, independent brand commercial vehicle, new energy vehicle, joint-venture brand passenger vehicle and other bases distributed in more than ten provinces and cities across the country.

BAIC Group's research and development system is distributed in five countries and seven places in the world, and it has established vehicle and KD factories in more than 30 countries and regions, and the market covers more than 80 countries and regions in the world.