Hongqi CA72

Silk-FAW Hongqi 'S' Series Electric Vehicle Venture Receives Strong Backing from Consortium of Leading Global Financial Institutions in China

Retrieved on: 
Friday, April 9, 2021

CHANGCHUN, China, April 9, 2021 /PRNewswire/ -- A consortium of leading global financial institutions in China joined together on March 25, 2021 to become strategic partners and provide global financial support for SilkFAW's Hongqi 'S' series electric vehicle venture.

Key Points: 
  • CHANGCHUN, China, April 9, 2021 /PRNewswire/ -- A consortium of leading global financial institutions in China joined together on March 25, 2021 to become strategic partners and provide global financial support for SilkFAW's Hongqi 'S' series electric vehicle venture.
  • Silk-FAW's joint venture is focused on establishing a leading position in the rapidly growing global market for ultra-luxury new energy sports vehicles.
  • We are honored to be able to play a strong role in China's initiative to build Hongqi into a world-class global brand."
  • Representatives of the banking consortium expressed their optimism at becoming strategic partners to Silk-FAW and providing financial support to ensure the venture achieves the global strategic objectives of the Hongqi 'S' series.

Silk-FAW Hongqi 'S' Series Electric Vehicle Venture Receives Strong Backing from Consortium of Leading Global Financial Institutions in China

Retrieved on: 
Friday, April 9, 2021

CHANGCHUN, China, April 9, 2021 /PRNewswire/ -- A consortium of leading global financial institutions in China joined together on March 25, 2021 to become strategic partners and provide global financial support for SilkFAW's Hongqi 'S' series electric vehicle venture.

Key Points: 
  • CHANGCHUN, China, April 9, 2021 /PRNewswire/ -- A consortium of leading global financial institutions in China joined together on March 25, 2021 to become strategic partners and provide global financial support for SilkFAW's Hongqi 'S' series electric vehicle venture.
  • Silk-FAW's joint venture is focused on establishing a leading position in the rapidly growing global market for ultra-luxury new energy sports vehicles.
  • We are honored to be able to play a strong role in China's initiative to build Hongqi into a world-class global brand."
  • Representatives of the banking consortium expressed their optimism at becoming strategic partners to Silk-FAW and providing financial support to ensure the venture achieves the global strategic objectives of the Hongqi 'S' series.

Xinhua Silk Road: China's iconic sedan brand wraps up "Hongqi Journey" with co-op agreement inked in Gansu with Dunhuang Academy

Retrieved on: 
Monday, January 4, 2021

Under the agreement, the two parties would co-build national culture IP while jointly developing cultural and creative products, and launch co-branded cars while deriving new forms to pay tribute to classics.

Key Points: 
  • Under the agreement, the two parties would co-build national culture IP while jointly developing cultural and creative products, and launch co-branded cars while deriving new forms to pay tribute to classics.
  • Hongqi, meaning "red flag", is China's iconic sedan brand.
  • Established in 1958, it has been used in parades at major national celebrations, thus featuring symbolic importance in China's auto industry.
  • Founded in 1953 in Changchun, capital of Jilin Province in northeast China, China FAW Group is regarded as the cradle of China's auto industry.

Xinhua Silk Road: China's iconic sedan brand wraps up "Hongqi Journey" with co-op agreement inked in Gansu with Dunhuang Academy

Retrieved on: 
Monday, January 4, 2021

Under the agreement, the two parties would co-build national culture IP while jointly developing cultural and creative products, and launch co-branded cars while deriving new forms to pay tribute to classics.

Key Points: 
  • Under the agreement, the two parties would co-build national culture IP while jointly developing cultural and creative products, and launch co-branded cars while deriving new forms to pay tribute to classics.
  • Hongqi, meaning "red flag", is China's iconic sedan brand.
  • Established in 1958, it has been used in parades at major national celebrations, thus featuring symbolic importance in China's auto industry.
  • Founded in 1953 in Changchun, capital of Jilin Province in northeast China, China FAW Group is regarded as the cradle of China's auto industry.