Recently, FAW Jiefang won the "Ten Years Capital Market M&A and Reorganization Classic Case" award issued by the China Association of Listed Companies for its major asset replacement with FAW Car in 2020 and its successful reorganization and listing.

The "Classic Cases of Mergers, Acquisitions and Reorganizations in the Capital Market of the Past Ten Years" selection activity is an evaluation by the China Association of Listed Companies on the classic cases of mergers and reorganizations completed by Chinese listed companies at home and abroad in the ten years from 2012 to 2021. The types of cases are significant and influential. Contribute to transformation and upgrading, relieve difficulties, improve quality and increase efficiency, or have the characteristics of cross-border mergers and acquisitions, innovative models, etc., aiming to implement the spirit of relevant documents such as the "Opinions of the State Council on Further Improving the Quality of Listed Companies" and promote market-oriented mergers and acquisitions. Give full play to the role of the capital market as the main channel for mergers and acquisitions, and encourage listed companies to revitalize their stock, improve quality and efficiency, and transform and develop.

The reorganization and listing of FAW is an important manifestation of actively responding to the national strategy of revitalizing Northeast China and fulfilling the responsibilities of central enterprises. It is an important opportunity to make full use of the capital market to carry out industrial integration and new business layout. After the reorganization and listing of FAW Jiefang, the asset scale, income scale and profitability of listed companies will all be significantly improved. Looking forward to the future, FAW Jiefang will continue to play its role as a platform for state-owned listed companies, fully protect the legitimate rights and interests of small and medium-sized investors, continue to improve corporate governance, deliver value through high-quality information disclosure, and set an example for the standardized operation of state-owned listed companies.