Foton Motor Group (known as Foton), was founded on August 28, 1996 and is a relative state-owned holding enterprise with mixed ownership. Listed on the Shanghai Stock Exchange in June 1998, Foton has 69 billion yuan ($10 billion）in total assets and 40,000 employees, with brand value reaching $14.8 billion in 2016. It has nine product brands covering trucks, buses, construction machinery, vans and SUVs. Foton has cumulatively achieved a sales volume of 8 million over the past 20 years, which not only surpasses Chinese commercial manufacturers over the past 12 years but also worldwide commercial vehicle manufacturers.

After 20 years' development, Foton has set up localized production bases in China, India, Russia, Brazil and Thailand, acquired 18 assembly and engine plants in China and nine independent national sales companies, as well as launched 34 KD projects worldwide.

With strategic visions for international market and scientific insights into the future, it has exported its products to more than 110 countries and regions. Foton has also built strategic alliances with world-class enterprises Daimler AG and Cummins Inc to provide the best commercial value to worldwide customers and lead the future standards of automobile industry.