Hongqi's FMEs platform for green and intelligent auto development [Photo provided to gojilin.gov.cn]

Giant automobile manufacturer China FAW Group Corporation ranked seventh in the 2022 China Top 500 Manufacturing Enterprises List recently issued by the China Enterprise Confederation.

For a long time now, China FAW has been actively focusing on industrial transformation, building advanced technologies, and strengthening breakthroughs in core technologies and independent innovation of key technologies.

From 2019 to 2021, China FAW applied for 11,192 patents, including 5,587 invention patents, and ranked first in the industry in terms of patent authorization.

Additionally, a series of internationally-recognized innovation achievements has been made in five fields, including new energy, intelligent network connection, driving experience, safety and health, and basic research and development.

In 2021, the sales volume of Hongqi, an independent brand owned by China FAW, exceeded 300,000 units, a 63-fold increase over the past four years. Jiefang topped the global sales of medium and heavy trucks for five consecutive years and heavy trucks for six consecutive years.

This year, in the "2022 China's 500 Most Valuable Brands" analysis report released by the World Brand Lab, the brand value of China FAW, Hongqi and Jiefang has increased steadily compared to last year.

China FAW's brand value in 2022 stands at 407.54 billion yuan ($57.27 billion), ranking first in the automotive industry.

The brand value of Hongqi in 2022 is 103.61 billion yuan, ranking first in the passenger car brand industry, making Hongqi the first passenger car brand in China with a brand value exceeding 100 billion yuan.

The brand value of Jiefang in 2022 is 107.78 billion yuan, ranking first in the commercial vehicle brand industry, making Jiefang the first commercial vehicle brand in China with a brand value exceeding 100 billion yuan.