FAW Jiefang board secretary boosts shareholding, signaling confidence

FAW Jiefang Group announced on December 16, 2025, that its board secretary, Wang Jianxun, increased his personal shareholding in the company. On December 15, 2025, Wang acquired an additional 30,000 shares through concentrated bidding via the Shenzhen Stock Exchange trading system. This purchase represents 0.0006% of the company's total share capital of 4,921,280,975 shares and amounted to RMB 202,200.

This move was driven by Wang's confidence in China's long-term economic growth and high-quality development, as well as his belief in FAW Jiefang's "Technological Jiefang, Green Jiefang, and International Jiefang" development strategy and future prospects. Prior to this transaction, Wang held 63,617 shares, representing 0.0013% of the total share capital. Following the acquisition, his total holding increased to 93,617 shares, now constituting 0.0019% of the company's total shares.

The company stated that this share increase is a personal action by Wang, adhering strictly to relevant securities laws and regulations. There are currently no further plans for additional share increases, but FAW Jiefang Group confirmed it would disclose any future changes in accordance with regulatory requirements. Investors are advised to consider potential investment risks.