Foton (company)

From Wikipedia, the free encyclopedia

Foton, shortened for the Beiqi Foton Motor Co., Ltd., was founded on August 28, 1996. It is a Chinese holding company with different types of ownership and a company listed in the stock exchange market. Its business operation extends in various regions and sectors.

Headquartered in Changping District, Beijing, Foton possesses assets exceeding 5 billion Yuan and 28,000 employees. Foton's business units are seen in cities and provinces such as Beijing, Tianjin, Shandong, Hebei, Hunan, Hubei, Liaoning, and Guangdong. And its R&D branches are distributed in Japan, Germany, and Taiwan. Foton, whose brand value exceeds 11.932 billion Yuan in 2005, ranked No.4 in auto industry and No.43 in the “Top 500 China's Most Valuable Brands”.