Founded in 1958, Beijing Automotive Group Co., Ltd. ("BAIC Group") is headquartered in Beijing and has 130,000 employees. We are a major automobile group in the Chinese automotive industry, and a world Fortune Global 500 enterprise. We have developed a complete industrial chain, covering R&D and manufacturing of vehicles (passenger vehicles, commercial vehicles and new energy electric vehicles) and parts, trade of automobile services, comprehensive mobile services, finance, investment, etc. We have realized an strategic business extension to sectors such as general aviation, becoming a large state-owned automobile group with the most complete range of products, the most complete industrial chain and a leading position in the new energy automobile segment in the Chinese automobile industry.
Since Beijing Auto Works rolled out its first car with independent R&D - "Jinggangshan" in 1958, BAIC Group has not only independently developed and manufactured China's first-generation light off-road vehicle – BJ212 and first-generation light truck – BJ130, but also established China's first automotive joint venture – Beijing Jeep Co., Ltd., and China's first automotive joint venture after its entry into the WTO – Beijing Hyundai Motor Company, as well as the model of comprehensively deepening strategic joint venture cooperation – Beijing Benz Automotive Co., Ltd. In addition, we have acquired the intellectual property of Saab, from Sweden, and set many precedents in China's auto industry.