· FAW, Dongfeng and Changan signed a strategic cooperation agreement

On December 1, China First Automobile Group Corporation (hereinafter referred to as "China FAW"), Dongfeng Motor Group Co., Ltd. (hereinafter referred to as "Dongfeng Motor"), Chongqing Changan Automobile Co., Ltd. (hereinafter referred to as "Changan Automobile") strategic cooperation The signing ceremony of the framework agreement was held in Wuhan, Hubei.
According to the agreement, the three parties will carry out all-round cooperation in the four areas of forward-looking common technology innovation, automobile full-value chain operation, joint out-going "going out" and new business model, which indicates that the "national team" of China's automobile industry has begun to comprehensively. Cooperation and joint efforts to promote the development of China's auto market and the comprehensive strength of China's auto brands.
Xu Liuping, Chairman and Party Secretary of China First Automobile Group Corporation, Xu Ping, Party Secretary and Chairman of China Armament Equipment Group Corporation, Chairman and Party Secretary of Dongfeng Motor Group Co., Ltd. Yan Yanfeng, General Manager, Deputy Secretary of Party Committee Li Shaocan, Chinese Weapons Deputy General Manager of Equipment Group Corporation, Zhang Baolin, Chairman of Chongqing Changan Automobile Co., Ltd., China Huan Automobile Group Corporation Qin Huanming, Dong Chunbo, Wang Guoqiang, Qiu Xiandong, Dongfeng Motor Group Co., Ltd. Cheng Daoran, Liu Weidong, Wen Shuzhong, An Tiecheng, Chongqing Changan Automobile Co., Ltd. Zhou Zhiping, Yuan Mingxue, Li Wei and Hua Wei attended the signing ceremony. Qin Huanming, Liu Weidong and Zhou Zhiping signed the agreement on behalf of the three parties.
In-depth cooperation in four major fields to create a new situation of win-win development
According to the strategic cooperation agreement, first of all, in the field of forward-looking common technology innovation, three car companies will actively participate in the establishment of the Intelligent Network United Automotive Innovation Center. Changan Automobile will jointly create a “Forward-looking Common Technology Innovation Center” with China FAW and Dongfeng Motor. The three parties jointly invest and develop strategic core technologies and platforms around new energy, intelligence, networking, and lightweight, and share technological achievements.
Secondly, in the field of automobile full-value chain operation, the three parties will focus on strengthening the cooperation between the traditional vehicle platform and the powertrain, carry out cooperation in the manufacturing field and collaborative procurement, and deepen the synergy in the field of logistics.
In addition, in expanding overseas markets, the three parties will actively implement the national “Belt and Road” initiative to explore in-depth cooperation in overseas products, overseas terminal network resources, overseas business partners, overseas manufacturing resources, and international logistics.
The three parties will jointly explore new business models, strengthen forward-looking research and cooperation in car sharing, travel services, and the new ecology of the automotive industry, explore synergies in the financial sector, and jointly plan to participate in smart cities and smart transportation.
Practicing National Strategy and Promoting the Construction of Automobile Powerful Country
The report of the 19th National Congress of the Communist Party of China puts forward "accelerating the construction of a strong manufacturing country, accelerating the development of advanced manufacturing industries," "cultivating a number of world-class advanced manufacturing clusters," and "cultivating world-class enterprises with global competitiveness." This has provided important follow-up for the construction of strong automobile enterprises, and has sounded the clarion call for the new era of China's automobile industry.
As the “national team” of the automobile industry, China FAW, Dongfeng Motor and Changan Automobile shoulder the important mission of building a strong automobile country, and also have a strong demand for strengthening and expanding. Strengthening strategic interaction, deepening strategic cooperation, achieving win-win development for car companies, and promoting the construction of a car-powered country are the common aspirations of the three car companies and the concrete actions to implement the spirit of the 19th Party Congress.
After nearly two decades of rapid development, the quality and competitiveness of Chinese automotive products have greatly improved, and began to compete with foreign brands. The rapid development of mobile Internet has promoted cross-border integration and industrial integration of new ecology. The automotive industry is undergoing profound changes. Electrification, intelligence, networking, sharing, and lightweight have become the development direction of the new automobile industry chain. China FAW, Dongfeng Motor and Changan Automobile have opened a new chapter in cooperation, which will help Chinese auto companies to seize the strategic commanding heights and help Chinese auto brands to be more loud, stronger and better.
Promoting technological innovation, optimizing full-value chain operations, expanding overseas markets, and exploring new business models are the top priorities for future car development and the key to China's auto companies to accelerate their own development. The deepening cooperation between the three car companies in China is a timely and timely move, conforming to the general trend of economic globalization and market integration, conforming to the industrial policy of optimizing industrial layout and developing advanced manufacturing, and implementing the medium and long-term development of the automobile industry. A new exploration of Planning.

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