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Aboutthisreport

Content

Thisreportisthe7thReportonSustainableDevelopmentissuedbyFAW-VolkswagenAutomotiveCo.,Ltd.ThelastreportwasissuedinAugust,2022.Forconvenienceofexpressionandreading,FAW-VolkswagenAutomotiveCo.,Ltdwillherebybeexpressedas“FAW-VW”,“thecompany”and“we”inthisreport.

TimeRange

ThisreportintroducesthesustainabledevelopmentreportperformanceinChinaofFAW-VWanditsaffiliatedinstitutions(seeinchapterOrganizationDistribution)withintheperiodof2022January1stto2023December31st.Nosignificantchangetothescopeofreport.

CycleofIssuance

Thecycleofissuanceofthisreportis2years.

FormulationStandard

ThisreportisformulatedaccordingtotheactualstatusofFAW-VWandreferringtotheGRIStandard.Thereportisdividedintofourcorechapters,namely:Strategy,Economy,SocietyandEnvironment.Thestatusofparametersintroducedinthisreportcanbeseenintheindexesattheendofthereport.

FormulationPrinciple

Withfullconsiderationtothecompany’sactivitiesandinfluence,andtheactualexpectationandinterestsofstakeholders,thisreportprovidesafaithfulreflectionofthecompany’sconductasitactivelyfulfillsitseconomic,socialandenvironmentalresponsibilities,andcomprehensivelyimplementsthestrategyofsustainabledevelopment.Thisreportshowsinformationanddatafromthecompany’sofficialdocumentsandstatisticsreports,andcollectsinformationofpracticingsustainabledevelopmentbyalldepartmentsandaffiliatedinstitutions,providingreferenceforstakeholderstomakereliableandreasonableperformanceevaluation.

Attestation

Attachinggreatimportancetoitsownsustainabledevelopment,thetopmanagementofFAW-VWtaskedthesecretaryoftheboardandcolleaguesoftheCompanyOfficetoformulatetheSustainableDevelopmentReportandseekattestation.Afterfinishingthereport,willentrustTUVRheinland(Shanghai)Co.,Ltd.forexternalinspection.

Seeindependentinspectionannouncementinpage98ofthereport.

Allthepaperusedforthisreportisrecycledpaper.

SustainabilityReport/01

OrganizationStructure

BOM

December10th,2022,NieQiangtookoverGuoYongfengasCommercialVicePresidentofFAW-VW

August1st,2023,UlrichFeuereistookoverDr.Andre.StoffelsasFirstVicePresident(Finance)ofFAW-VW

September1st,2023,Dr.OliverGruenbergtookoverAndreasDickasVicePresident(Technology)ofFAW-VW

JinXianzhen

UlrichFeuereis

NieQiang

PanZhanfu

Dr.OliverGruenberg

FirstVicePresident(Finance)

VicePresident

(HumanResources)

VicePresident(Technology)

VicePresident(Commercial)

FinanceAdministration

Controlling

InternalAuditing

HumanResources

SafetyAssurance

TalentEmpowermentand

DevelopmentCenter

GlobalEmployeeCenter

TechnicalDevelopment

ProductManagement

Planning

Logistics

ChangchunPlant

FoshanBranch

QingdaoBranch

TianjinBranch

PowertrainDivision

VSC

SalesCompany-VWBrand

FAWAudiSalesCO.,LTD.

JettaBrand&ChengduBranch

MemberofBOD,SecretaryofPartyCommittee,President

CompanyOffice

ManagementServices

Supply

QualityAssurance

VehicleConnectivity

LegalRiskandCompliance

TheBOMofFAW-VWisthehighestrankingorganizationforthedailydecisionmakingofthecompany.Itincludes5membersappointedbybothshareholdersandareresponsibleofdifferentsystems.TheBOMadoptsacollectivedecision-makingsystem,andthetopicofsustainabledevelopmentisalsoincluded.TheBOMisalsoresponsibleformonitoringcorecompanyindicators,andreportingtobothshareholdersaboutthefulfillmentonaregularbasiseveryyear.

02SustainabilityReport/03

OrganizationDistribution

ProductionBases

Changchun

ChangchunPlant

ChangchunEngineandTransmissionPlant

ChangchunNewEnergyWorkshop

Chengdu

ChengduPlant

ChengduEnginePlant

Foshan

FoshanPlant

FoshanNewEnergyWorkshop

Qingdao

QingdaoPlant

QingdaoNew

EnergWorkshop

Tianjin

TianjinPlant

RSD

VWBrand

RSD1/ChangchunRSD2/Beijing

RSD3/Jinan

RSD4/Shanghai

RSD5/Wuhan

RSD6/Guangzhou

RSD7/ChengduRSD8/Xi’an

AudiBrand

Shenyang/NortheasternRegion

Hangzhou/SoutheasternRegion

Beijing/NorthernRegion

Guangzhou/SouthernRegion

Shanghai/EasternRegion

Jettabrand

Chengdu/WesternRegion

JETTA

NortheasternRegionHenanRegion

NorthChinaRegion

EastChinaRegion

SouthChinaRegionCentralChinaRegion

ShandongRegion

NorthwesternRegionSouthwesternRegion

04

ChangchunBase

SouthwestBase

SouthChinaBase

EastChinaBase

NorthChinaBase

CompanyIntroduction

FAW-VolkswagenAutomotiveCo.,Ltd(willbereferredtoasFAW-VW)wasestablishedonFebruary6th,1991,alargepassengervehiclemanufacturingcompanyunderthejointoperationofCHINAFAWGROUPCO.,LTD.(60%share),VOLKSWAGENAG(25%share),AudiAG(5%share)andVOLKSWAGENCHINAInvestmentCompany(10%share),andChina’sfirstmodernpassengervehiclemanufacturingcompanyestablishedaccordingtothescaleofChina’seconomy.ThecompanycurrentlyhasthreebrandsofVW,AudiandJetta,withproductscoveringthevolumemarketandpremiummarket.

FAW-VWcontinuouslyimprovesitstechnologicalandR&Dcapacityduringitsrapiddevelopment.Today,thecompanyownscutting-

edgeR&Dandtestingfacilitiesincludingautotestingfield,newtechnologydevelopmentcenter,NewEnergyCenter,engineandacousticlaboratory,etc.ThosefacilitiesgrantsFAW-VWthewholeprocesstestingcapacityfrompartstoengine,andfurtherconsolidatethefutureadvantageofFAW-VWintechnologicalinnovation.

Currently,FAW-VWcarriesoutwin-wincooperationwithover2400Tier1suppliers,togetherbuildinganoutstandingsupplychainsystem.Italsojoinshandswithover1700dealerstoprovidemoreefficientautoserviceofhigherqualitytothevastconsumergroup.

Throughover30yearsofdevelopment,FAW-VWhasestablishedwholevehicleproductionbasesinChangchun,Chengdu,Foshan,QingdaoandTianjin.

FAW-VWhascarriedoutwin-wincooperationwithover

2,400

Tier1suppliers,togetherbuildinganoutstandingsuppliersystem

FAW-VWhasjoinedhandswithover

1,700

dealerstoprovidebetterandmoreconvenientautomotiveservicestothevastconsumergroup

SustainabilityReport/05

SpeechofthePresident

ForFAW-VW,theyear2022wasayearofUnitedand2023ayearofGoForwardwithDetermination.Reflectinguponthepasttwoyears,FAW-VWhaschartedaremarkablepath.

Underthemultiplechallengesofresurgingpandemic,supplychainshortage,powersupplylimitduetohightemperature,andsuddennaturaldisasters,FAW-VWhasactivelydemonstratedasenseofresponsibilitycommensuratewithitspositionasaleaderintheautoindustry,andrealizedrapidproductionandoperationrecoveryandstabledevelopmentrelyingonitsstrongsystematiccapacity.Adheringtothecustomer-orientedapproach,wecontinuedtopursueinnovationtogetherwithourupstreamanddownstreampartnersincludingdealersandsupplierstorealizewin-wincooperationandprogresswhilemaintainingstability.Embracingopportunitiesoftransformation,wefurtheracceleratedthedigitalizationtransformationofthewholesystem,significantlyimprovingefficiency,reducingmanagementcost,andrealizinginnovation-leddevelopment.Withthecommoneffortsofallcolleagues,thewholebrandhasfaceddifficultieswithrelentlessspirit,andrealizedanaccumulatednewcarsalesof1,823,577units(includingAudiFBU),thereofVWbrand1,041,077units,Audibrand635,588units(includingFBU),andJettabrand146,912units,demonstratingthestrongresilienceandcapacityofthebrand.

In2023,withconcertedandconcreteefforts,FAW-VWachieveditsmilestoneof27Mio.accumulatedproductionwithonly32yearsand10months.Adheringtogreenandlowcarbondevelopment,wepromotedtheuseofcleanenergyincludingphotovoltaicpower,hydropowerandwindpowerinourfivebases,enhancedgreendevelopmentandgreenmanagementofthewholeindustrialchain,andrealizedcoordinatedcarbonreductionof251,700tons.WealsoworkedwithChinaAutomotiveTechnology&ResearchCenterCo.Ltd(CATARC)toissuethefirstwholeproductlifecyclecarbonfootprintreport,usheringinthebeginningofthecarbonaccountingofFAW-VW.In2023,westrivedtomakebreakthroughinNEV,independentlycompletedtheintelligenceupgradeofthecarengine,andadopteditfirstintheID.7VIZZIONmodel.Wealsocontinuedtoenrichourproducts,tooktheinitiativetodevelopbrandnewelectricmodels,andobtainedtheexportauthorizationforJettabrand.Relentlesslydeepeningdigitalizationtransformation,wesuccessfullyrolledout58projectsincludingproductionandsalesintegration,darkfactory,andintelligentstorageandlogistics.Asaresult,weimprovedproductionflexibility,shortenedorderdeliverycycle,reducedcorporationmanagementcost,andsatisfieduser’s

diversifieddemandwithbetterefficiency.In2023wholeyear,wedeliveredover1.91Mio.units(includingAudiFBU)toterminalusers,VWbrandaccumulatedterminalsales1,050,017units,Audibrand698,188units(includingFBU),Jettabrand162,000units.Allthreebrandsrealizedyear-on-yearsalesvolumeincrease.

Ourachievementcamefromthestrongleadershipofbothshareholders,thepersistenteffortofallFAW-VWcolleagues,theclosecooperationofourpartners,thelongstandingtrustandconfidenceofourcustomers,andthestrongsupportofallsectorsofthesociety.ThosearethesourcesofstrengthforFAW-VWtosucceed,butalsoheavyresponsibilityonourshoulders.Asaleaderintheautoindustry,FAW-VWacknowledges,undertakesandstrivestofulfillitsresponsibility.Upholdingthegreendevelopmentphilosophyforthewholelifecycle,andunderthestrategicguidanceoftheChineseandGermanshareholders,FAW-VWacceleratedthelow-carbon,digitalizedandsmarttransformation.Withefficientandstablecorporationmanagement,scientificandhealthytalenttraining,greenandsmartproductionandmanufacturing,andlowcarbonproductswithhighquality,weansweredtheconcernsofallsides,andrealizedourowngrowthinlinewiththedevelopmentofthenationandthetransformationoftheautoindustry.

Unitingoureffortsandmovingforwardwithdetermination,weaimatevengreatersuccess.From2022and2023,theautoindustryexperiencedacceleratedtransformationandintertwinedchanges.In2022,FAW-VWunitedalleffortstofacethedifficultiesheadon,andestablishedacomprehensivebasisforhighqualitydevelopmentinthenewera.In2023,FAW-VWkeptitsmomentumandmovedforwardwithdetermination,leadingthedevelopmentoftheautoindustry,andmakingsignificantcontributiontothestrongdevelopmentofthecountryanditseconomy.Thechangefrom“United”to“Goforwardwithdetermination”representsaliftofstatus,thetransformationofourpragmaticspirit,andthatFAW-VWnowembarksonanewpathofhighqualitydevelopmentintheneweraofjointventurecooperation.

Inthefuture,FAW-VWwillcontinuetoengageinclosecooperationwithallstakeholders,upholdthedevelopmentpathofRisinguptoChallengeandGearinguptoInnovationinadown-to-earthmanner,continuetofocusonkeysectorsincludingoperationresults,futurelayoutandsystematiccapacitybuilding,acceleratehighqualityandsustainabledevelopment,andinjectstrongimpetustothehighqualitydevelopmentofChina’sautoindustry!

MemberofBOD,SecretaryofthePartyCommittee,PresidentofFAW-VolkswagenAutomotiveCo.,Ltd

06

SustainabilityReport/07

CATALOGUE

02Economy

ContinuousValueCreation22

DealerRelationship32

SupplierRelationship42

DomesticationandLocalization45

RiskManagement46

03Society

EmployeeStatus50

EmployeeCareerDevelopmentPlan52

OccupationalHealthandSafety58

EmployeeCaring62

CustomerHealthandSafety66

CustomerSatisfaction68

PublicWelfareandCharity73

OrganizationStructure

OrganizationDistributionCompanyIntroduction

SpeechofthePresident

GRIContentIndex

02

04

05

07

94

01Strategy

CompanyStrategyandSocial12

Responsibility

SustainableDevelopmentManagement16

04Environment

88

89

90

91

91

EnvironmentManagement

MeasuresAgainstClimateChange

ProductDevelopmentandPowerSystemRawMaterials

GreenFactoryBuildingGreenLogistics

GreenIT

76

78

79

80

82

84

87

InformationSecurityGreenOffice

EfficientEnergyUtilizationWaterResources

ExhaustGas,WasteWaterandSolidWaste

92

MajorEnvironmentalProtectionData

08SustainabilityReport/09

01

Strategy

FacingtheCASEtrend(connected,autonomous,shared,electric),FAW-VWactivelyembracestheopportunityforchange,comprehensivelyacceleratesthedigitalizationintelligencetransformationofthecompany,andrealizesthedigitalizationofthewholeprocessofproducts,production,marketingandotherbusiness.Facingthefuture,FAW-VWhasestablishedanewdevelopmentpathof"RisinguptochallengeandGearinguptoinnovation",maintainedstabilitywhilepursuingrapidgrowthinnewenergytransformationanddigitalgovernance,madecomprehensiveeffortstoinjectstrongmomentumintothehigh-qualitydevelopmentofChina'sautoindustry,andledthenewdirectionofthedevelopmentoftheautoindustry.

STRATEGY

CompanyStrategyandSocialResponsibility12

SustainableDevelopmentManagement16

10SustainabilityReport/11

CompanyStrategyandSocialResponsibility

AsthefirstmodernpassengercarenterpriseestablishedaccordingtothescaleofChina’seconomy,FAW-VWalwaysadherestotheircustomer-orientedaspirationandquality-firstprinciple,continuestomakeinnovationbreakthroughs,andseekstocreatewin-winresultsforenterprises,users,employees,industrialchainandthesociety.Withisefforts,itrealizesthetransformationfrompioneertoleader,drivestherapiddevelopmentofChina'sautoindustryandpromotesregionaleconomicprosperity.Atthesametime,FAW-VWacknowledgesitscorporatesocialresponsibilityandtakesfirmactions,andalwaysfollowsthepathofgreenandlow-carbondevelopment.Withenergy-savingandenvironmentallyfriendlymaterialsandtheworld-leadingtechnologies,iteffectivelycontrolsthewastewater,exhaustgasandcarbonemissions,acceleratesthelayoutofaseriesofcarbonreductionprojectsincludingphotovoltaicandwindpower,andcontributestothesustainabledevelopmentofallmankind.

12

2022-2023CompanyStrategy

Inrecentyears,China’sautoindustryexperiencedaboominNEVdevelopment,makingthecompetitionpatternevenmorecomplex.Facingchallengesahead,FAW-VWactivelyplansandtransforms,deliveringsatisfactoryresultsintermsofbusinessperformanceandsystemcapacitybuilding.

01

Target-orientedandinnovation-led

Intermsofstableperformance,FAW-VWfocusedonitstargetsandcontinuedtolead.Inthepasttwoyears,withtheacceleratedtransformationoftheindustry,chipshortage,pricewarandotherchallengescontinuouslyimpactingproductionandoperation,FAW-VWsafeguardeditsleadingpositionamongjointventuresthroughvariousmeasuresincludingfullyguaranteeingproductionandsupply,comprehensivemarketinginnovation,andin-depthleanmanagement.

02

Intermsofsystemcapacitydevelopment,ontheonehand,FAW-VWconsolidatedandgaveplaytoitstraditionaladvantages.Forproduction,itaimedat"large-scalecustomization"and"leanandagile

Playtoour

advantages

andaddressour

logistics"topromoteaccurateandrapidcustomerordersdeliveryandconstantlyimprovedlogisticsefficiency;formanufacturing,withthegoalof"buildinghighlyautomatedandinterconnectedplants",anew"smartfactoryroadmap"wasreleased;forquality,itcontinuedtodeepentheuser-centeredpreventivequalitymanagementsystemandcontinuouslyimproveduserexperience.Ontheother

weaknesses

hand,FAW-VWsteppeduptoaddressitssystematicshortcomingsintheChinesemarket,promotedself-developedproductprojectsinanorderlymanner,andacceleratedthereserveofforward-lookingtechnologiesforChineseusers.

03

Intermsofmanagementsystemconstruction,FAW-VWcontinuedtostrengthentheteambuildingforcadresandtalents,optimizedtheincentiveandconstraintmechanism,andinnovatedandpromoted

Digitalization

intelligence

transformation

managementmodelsincludingOKRandgarage,andcontinuedtounleashthecreativityandvitalityofemployees.Wecomprehensivelypromotedthecompany’sdigitaltransformation,openedup17processdomains,promotedtheimplementationofmorethan100transformationprojects,accelerateddatamanagementandapplication,andpromotedthetransformationofdigitalintelligencefrombusiness

withfocusontalentcultivation

digitalizationtoanewstageofdigitalbusiness.

04

Intermsofenvironmentalmanagementsystem,FAW-VWactivelypracticeditscorporatesocialresponsibility,usedgreenandcleanenergy,andvigorouslypromotedtheutilizationofcleanenergy

Saveenergy,reducecarbonemission,and

suchaswindpowerandphotovoltaic.Westucktoemissionstandardsmuchstricterthanthenationalstandard,andpromotedtheapplicationofemissionreductiontechnologiesincludingcoatingprocessoptimization,gray-watersystem,andwasteheatrecovery.FAW-VWaddressedthefulllinkofsourcecontrol,streamlineprocess,endcontrol,andmonitoringandearlywarning,andmadeeveryeffortto

pursuegreen

achievethefull-lifecyclecarbonemissiontargetin2030.

development

Theautoindustryisundergoingmajorchangesunseeninacentury,andthedifferencesbetweentheChinesemarketandglobalmarketintermsofuserdemand,technologyiteration,industrialchainresources,andcompetitionpatternarebecomingincreasinglydistinct.Inthefuture,FAW-VWwillacceleratethelaunchingofelectricandhybridproductstoprovideuserswitharicherselectionofhigh-qualityproducts,constantlyimprovingusersatisfaction.Wewillcontinuetowritenewchaptersonthepathof"RisinguptochallengesandGearinguptoinnovation",andstrivetocreateanewexampleforthetransformationandupgradingofChina'sautojointventures,leadingthenewdirectionfordevelopmentoftheautoindustry.

SustainabilityReport/13

2022-2023OverallSituationoftheCompany'sBasicResponsibilityandSocialResponsibilityPractice

FAW-VWactivelypracticescorporatesocialresponsibility,andcontinuestofocusongreenenvironmentalprotection,childrencare,disasterreliefandotherfields.Takingtheneedsofthepeopleasourguidanceandsocialresponsibilityasourownresponsibility,wecontinuetopracticesocialresponsibilityandcorporateaccountabilitywiththespiritofgreatlovewhileleadingthedevelopmentoftheautoindustrywithourownsounddevelopment.

Stickingtothedirectionofhighqualitydevelopment,FAW-VWacceleratedtransformationandupgrade,andcreated58digitalprojectsincludingproductionandsalesintegration,darkfactory,andintelligentwarehousingandlogistics.Asaresult,weachievedflexibleproductionupgrades,improvedmarketresponsespeed,shortenedtheorderdeliverycycle,furtherenrichedcustomizationoptions,andimprovedthecapacityofmeetingthemorediversifiedneedsofendusersmoreefficiently.Theseimprovementswonusthetrustandfavorablecommentsfromourcustomers,andalsolaidasolidfoundationforthesustainabledevelopmentofthecompany.

In2023,FAW-VWappliedfor23independentmanufacturingtechnologypatentsandownednumerousdomesticallypioneeredautomationprocesses,achievingthefirst"multifunctionalPVCrobotworkisland"inChina,andE-lane³astheindustry'sfirstintelligentwarehouseproject.Factoriesinallbaseshavefullyrealizedthedigitalintelligencetransformation,andfactoriesinChangchun,Qingdao,andTianjinbaseshavebeenawardedthetitleof"China'sbenchmarkintelligentfactoryintheautoindustry".Thenumericalcontrolrateandnetworkconnectionrateofkeyequipmenthavereached100%,andagroupofnationalleveldigitalizationtalentshavealsobeencultivated.Adheringtothe"goTOzero"environmentaldeclarationandthecleartargetofachievingcarbonneutralityby2060,FAW-VWusesenergy-savingandenvironmental-friendlymaterialsandgloballeadingprocessestoeffectivelycontrolwastewater,exhaustgasandcarbonemissions,andbuildsgreenandenvironmentalbenchmarkingfactories.Eachproductionbasehaswonanumberofnationalandregionalgreenandsustainabledevelopmentawardsandcertifications.FAW-VWacceleratedthelayoutofaseriesofcarbonreductionprojectsincludingphotovoltaic,windpower,etc.,andtheuseofcleanelectricityreached450millionKWH.Throughthe"GreenPartner"project,FAW-VWcollaboratedwithsuppliersanddealerpartnerstoreducecarbonemissionsby26,000tons,andworkedwithChinaAutoTechnology&ResearchCenterCo.Ltd(CATARC)toissuethefirstwholeproductlifecyclecarbonfootprintreport,usheringinthebeginningofthecarbonaccountingofFAW-VW.

FAW-VWbearsitsresponsibilityinheartandtakesfirmactionstopracticeitscorporatesocialresponsibility.FAW-VW,togetherwithChinaEnvironmentalProtectionFoundationandTsinghuaUniversity,

launchedtheAutoEnvironmentalInnovationLeadingProgram.Itwasaninnovativecorporatesocialresponsibilityproject,whichaimstoinfluenceallsectorsofsocietyandguidethemtomakecontinuousinvestmentandresearchinautoenvironmentalprotectiontechnologybysettingupcorefrontiertopicsinthefieldofautoenvironmentalprotectiontechnology,andselectingandfundingpotentialprojectsinthisfield,soastobuildanenvironmentallyfriendlyautosocietythatisbeneficialtopublichealthandcancontributetoecologicalcivilizationconstruction.TheAutoEnvironmentalInnovationLeadingProgramplanhasbeenheldforthreesessionsfrom2020to2023,supporting42projectsofwell-knownuniversitiesandscientificresearchinstitutionsinChina,withafundingamountexceeding13millionyuan.FAWAudiactivelylaunchedpublicactivitiesforchildren,includingthe“SpringBudDreamCamp”,“SpringBudDreamChorus”and“Hearyourdream—campusradiostation”.Bytheendof2023,the“FAWAudiPublicWelfareFoundation”raised14millionRMB,withitsprojectscovering20provincesandcitiesandbenefitingover100thousandchildren.

Inthepastfiveyears,FAW-VWhasdonatedmorethan100millionyuan.InMarch2022,donated20millionyuanincashtoChangchunCityandJilinCityinJilinProvinceforepidemicpreventionandcontrol.InSeptember2022,5millionyuanwasdonatedtotheLudingearthquakedisasterareainSichuanProvincetosupportlocalearthquakerelief.InAugust2023,FAW-VW,togetherwithitsthreebrandsVW,AudiandJetta,donated20millionyuan(7millionyuanincashand13millionyuaninspecialfunds)totheBeijing,Tianjin,Hebei,HeilongjiangandJilinareaforfloodreliefandpost-disasterreconstruction.InDecember2023,FAW-VWdonated4millionyuantoGansuregiontosupportlocalearthquakereliefandpost-disasterreconstruction.

Throughouttheyears,whilefocusingonitsowndevelopment,FAW-VWhasalsomadecontinuouscontributiontothesocietyandfulfilleditsobligationasamajortaxpayer.Itpaid79.82billionRMBoftaxfrom2022to2023,anditsaccumulatedtaxpaymentreached685.1billionRMBbytheendof2023.FAW-VWactivelycarriesoutpovertyreliefthroughconsumption,andconstantlyexpandsthechannelsofassistance,purchasingover20Mio.worthofpovertyalleviationproductsfrompovertyalleviationareaseveryyear.Atthesametime,FAW-VWalsopromotestheprosperityanddevelopmentoftheupstreamanddownstreamindustrialchainandtheregionaleconomy,creatingnearly500,000positionsinupstreamanddownstream.Extensivelyrecruitingfreshgraduates,FAW-VWrecruitedmorethan600peoplein2022,andnearly500in2023,withover75%graduatesfromdomestic985universitiesandoverseastopuniversities,continuouslycultivatingoutstandingtalentsforChina’sautoindustry.

Purchasingover

millionyuan

20

ofpoverty-alleviatingproductsfrompoverty-strickenareaseveryyear

Creatingnearly

500,000

positionsinupstreamanddownstreamchain

From2022to2023,recruited

1,100

freshgraduates

14

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