China FAW Group Corporation (short for FAW), formerly China First Automobile Works, can trace its roots back to Jul 15, 1953, when its first assembly plant started to be constructed. FAW is one of China’s oldest and largest automotive manufacturers, with registered capital of RMB 35.4 billion yuan and total assets of RMB 457.83 billion yuan.

FAW is headquartered in China's northern city of Changchun, Jilin province, and manufacturing plants are located in northeastern China's Jilin, Liaoning and Heilongjiang provinces, eastern China's Shandong province and Tianjin municipality, southern China's Guangxi Zhuang autonomous region and Hainan province, and southwestern China's Sichuan province and Yunnan province. The Group comprises Hongqi, Bestune and Jiefang brands, and its core business also covers joint ventures and external cooperation, emerging businesses, overseas businesses and industrial ecosystem.

Fawer was founded in 1998, completed the enterprise restructuring in 2007, and was listed on the main board of Shenzhen Stock Exchange in 2013 (Stock Code: 000030). Fawer is a state-owned mixed ownership listed company.

Fawer fully combines with the development trend of the automobile industry, and has achieved rapid development in enterprise scale, product series, R & D capacity, resource layout, internationalization and other aspects, and has achieved outstanding results. According to the existing resource layout and industry development trend, the company has identified seven strategic platforms of chassis, thermal system, pump, automotive electronic new energy, transmission shaft, fastener and shock absorber as the main development direction. Among them, chassis, thermal system, pump and automotive electronic new energy have clearly established business divisions, and the enterprise management and control mode is further moving towards the international parts group.

After more than 20 years of development, Fawer has established cooperative relations with more than 40 vehicle enterprises, serving many well-known vehicle enterprises such as German, American, Japanese and domestic independent brands. Fawer is a strategic supplier of red flag, liberation, Pentium, Volkswagen, Toyota and other brand vehicles.

Desay (Stock Code: 002920) is one of the world's leading automotive electronics companies, committed to become a leader in future travel change. We continue to invest in and focus on electronic and integrated products and technologies, focus on the integration of intelligent cockpit, intelligent driving and Internet service, and provide safe, comfortable and efficient intelligent travel solutions for global customers.

From the cockpit electronics that drivers and passengers can perceive and experience to the cloud platform of Internet of vehicles; from the cameras, radars and other sensors that give the car perception ability to the hidden intelligent driving processing unit, Desay's products are helping to create intelligent travel.

At present, Desay has established good cooperative relations with Volkswagen Group, Toyota Motor Company, Mazda group, Volvo car, FAW Group, Geely Automobile, Great Wall Motor, GAC group, Chery Automobile, Weilai automobile, Xiaopeng automobile and other domestic and foreign automobile manufacturers.

Desay continues to implement the strategy of "Local Internationalization", with Huizhou as the center, setting up R & D branches and branches in Nanjing, Chengdu, Shanghai, Singapore, Europe, Japan and the United States.