As time moves forward, a new chapter begins. In 2025, BAIC FOTON firmly secured its leadership in the global commercial vehicle industry with an outstanding performance, posting a remarkable 1,551% year-on-year surge in net profit. Annual sales exceeded 650,000 units, maintaining its leading position in the industry. This success is not merely reflected in impressive numbers; it is the result of BAIC FOTON’s coordinated progress across three key dimensions: deep expansion into global markets, breakthroughs in product and technological innovation, and the strengthening of its brand ecosystem.
This year, we deepened our global presence and strengthened our local foundations. BAIC FOTON’s globalization strategy achieved a transformative upgrade—from “exporting products” to “exporting ecosystems.” Overseas sales steadily reached 164,500 units, with our international footprint continuing to expand. Milestone achievements in localized operations stood out in particular: the 2,000th heavy-duty truck rolled off the line at our Thailand market; the first AMT heavy-duty truck and CKD pickup were launched at our South Africa plant; and most notably, the completion and start of production at our Brazil plant—marked by the rollout of our 12 millionth vehicle globally—established our first localized manufacturing base in South America, ushering in a new phase of international expansion. From signing the memorandum for a localized plant in Saudi Arabia to intensive product deliveries across Latin America and Africa, we are integrating more deeply into the global value chain, enabling the BAIC FOTON brand to take root and thrive worldwide.
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This year, innovation powered our progress and strengthened our product leadership. Breakthroughs centered on new energy technologies became the strongest engine of our growth. Annual sales of new energy vehicles exceeded 101,200 units, surging 87.21% year on year—far outpacing the industry and leading the global shift toward greener commercial mobility. From pure electric buses that set a record for the largest single order of a Chinese brand in Africa, to new energy heavy-duty trucks delivered to leading mining companies in Southeast Asia, our green solutions now serve diverse scenarios worldwide. At the same time, our journey toward premiumization and intelligent innovation delivered remarkable results. The all-new intelligent heavy-duty truck GALAXUS completed its “Global Expedition” and was successfully launched in the Americas. The TUNLAND V Series hybrid pickup entered high-end markets in Europe and Australia. Meanwhile, overall heavy-duty truck sales surged 103.6% year on year, reaffirming our comprehensive leadership across both traditional and emerging sectors.
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This year, we moved forward together, making our global ecosystem stronger and more connected. While one can go fast alone, we go farther together. A series of Global Partner Conferences brought together thousands of partners from over 100 countries to shape a shared vision for growth and unveil new strategies and products—further strengthening the cohesion of our global network. On the world stage, we showcased our product excellence and conveyed our brand value in diverse ways, while supporting local sporting events with outstanding quality and performance. From the AUMAN D competing in Mexico’s Súper Copa, to the TUNLAND conquering the grueling TRACUSA Rally in Peru, and our flagship models appearing as official sponsors at Argentina’s Termas de Río Hondo circuit—BAIC FOTON vehicles empowered local tracks with championship-level performance. Beyond business, we actively integrated into local development. In the Philippines, we donated TRUCKMATE vehicles to support special families, enhancing safety and livelihoods. In Saudi Arabia and across Africa, we delivered large fleets of buses and school buses to support daily commuting and infrastructure development. Through these meaningful contributions that go beyond commercial cooperation, we share values and responsibilities with communities worldwide—bringing the warmth of the BAIC FOTON brand and our professional excellence to every corner of the globe.
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Looking back on 2025, BAIC FOTON advanced across the global stage with steady determination. Every achievement reflects our unwavering commitment to our original mission and promises; every breakthrough lays a solid foundation for the next great journey ahead. Standing at the milestone of our 30th anniversary, BAIC FOTON will continue to uphold an entrepreneurial spirit—moving forward with greater confidence and resolve, partnering with stakeholders worldwide to navigate the tides of change, and driving toward an even brighter future together.