FAW Faway Dongyang

Changchun Faway Dongyang Auto Parts Co., Ltd. was established in January 2003 with a registered capital of USD 27 million. It is a large automotive parts manufacturing enterprise jointly invested by Changchun Faway Group Auto Parts Co., Ltd. and Taiwan's Dongyang Business Group. Its business scope includes the development, manufacturing, and after-sales service of automotive exterior parts, related automotive parts, and lightweight products. Headquartered in Changchun, the cradle of China's automobile industry, the company has completed a group-based industrial layout of "six locations, eight plants, and two centers" across Changchun, Foshan, Qingdao, Tianjin, Anhui, and Shanghai, with R&D centers in Changchun and Shanghai. It currently employs nearly 3,000 people, with total assets of RMB 3.5 billion and a total floor area of 376,000 square meters. It owns over forty 3200T large injection molding machines and ten brand coating lines, with an annual production capacity exceeding 5.4 million bumper assemblies. The company is committed to providing customers with first-class automotive bumpers and other exterior products and services. Its main customers include Hongqi, FAW-Volkswagen, Bestune, Jiefang, FAW Toyota, NIO, XPeng, Li Auto, Volkswagen Anhui, Audi NEV, Shanghai T, JAC, M Motors, Feifan, and BAIC Group. It holds a market share of over 80% in bumper supply to FAW-Volkswagen. The company deeply cultivates its core fields, builds competitive advantages, and focuses on enhancing independent R&D capabilities and personnel training. With a complete design and development system, it has completed synchronous design and development of exterior products for more than 20 vehicle models, including those for Anhui Volkswagen, Hongqi, Audi FAW, XPeng, and M. Its laboratory has obtained equivalent accreditations from Volkswagen Germany, Audi Germany, the National Laboratory, FAW-Volkswagen, Hongqi, and new energy OEMs such as Li Auto, and its professional analysis and testing capabilities have been recognized both domestically and internationally. The company has been rated as a core supplier by China FAW Group and FAW Bestune, one of the top ten suppliers by FAW-Volkswagen, and an A-level supplier by FAW Jiefang. For many consecutive years, it has received honors such as Excellent Partner, Outstanding Supplier, and Excellent Quality Award. It has also been awarded titles including Outstanding Contribution Award for Economic Development of Changchun High-tech Zone, Top 10 Enterprises for Outstanding Contribution to Finance and Taxation Development in Changchun New Area, May Day Labor Medal of Changchun Federation of Trade Unions, Top 20 Industrial Enterprises in Changchun New Area, Top 100 Enterprises in Changchun, China Machinery 500, and Modern Management Enterprise. Faway Dongyang will continue with the determination to strive and advance fearlessly; take diligence, effort, and innovation as the main theme of survival and development; and, with the attitude of strivers who seize the day and live up to their youth, endeavor to practice the corporate mission of "customer satisfaction, shareholder recognition, employee pride, social identification, and respect from competitors." Focusing on building intelligent body visual systems and guided by new products, new manufacturing, new operations, and new markets, the company is striding forward to realize its beautiful corporate vision.