2025年年度报告（英文版）

Full Text of Annual Report 2025 of FAW Jiefang Group Co., Ltd.1FAW JIEFANG GROUP CO., LTDAnnual Report 2025March 2026Full Text of Annual Report 2025 of FAW Jiefang Group Co., Ltd.2Section I Important Notes, Contents and DefinitionsThe Board of Directors, the Directors, and Senior Management of theCompany guarantee that the contents of this Annual Report are true, accurate,and complete, that there are no false records, misleading statements, ormaterial omissions, and that they shall bear individual and joint legal liability.Li Sheng, the person in charge of the Company, Yu Changxin, the personin charge of accounting work, and Yang Li, the person in charge of theaccounting organization (chief accountant), hereby declare and guarantee theauthenticity, accuracy, and completeness of the financial report in this AnnualReport.Except for the following directors, other directors attended the boardmeeting to review the annual report in personNames ofDirectors NotPresent in PersonPositions ofDirectors NotPresent in PersonReasons for NotPresent in PersonName of theTrusteeYu ChangxinDirectorWorkLi ShengHan FangmingIndependentdirectorWorkMao ZhihongThis annual report includes prospective statements, such as future plans,and does not constitute a substantial commitment of the Company to investors.Investors and relevant persons should maintain sufficient risk awareness ofthis and understand the differences between plans, forecasts, and commitments.TheCompanyhasdescribedindetailthepossiblerisksandcountermeasures for its future development in the section of ManagementDiscussion and Analysis. Investors are kindly requested to pay attention toFull Text of Annual Report 2025 of FAW Jiefang Group Co., Ltd.3relevant contents. China Securities Journal, Securities Times and CNINFO(http://www.cninfo.com.cn) are the designated information disclosure mediaselected by the Company. All information of the Company is subject to thatpublished in the above selected media. Investors are kindly requested to payattention to investment risks.The profit distribution plan approved by this meeting of the Board ofDirectors is as follows: based on a total of 4,921,280,975 shares, a cash dividendof CNY 0.45 per 10 shares (tax inclusive) shall be distributed to allshareholders, with no bonus shares distributed (tax inclusive), and noconversion of capital reserves into share capital.This Report has been prepared in both Chinese and English. Should therebe any discrepancies or misunderstandings between the two versions, theChinese version shall prevail.Full Text of Annual Report 2025 of FAW Jiefang Group Co., Ltd.4Table of ContentsSection I Important Notes, Contents and Definitions.............................................. 2Section II Company Profile and Main Financial Indicators................................... 7Section III Management Discussion and Analysis..................................................15Section IV Corporate Governance, Environment, and Social Responsibility.....63