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Beiqi Foton Motor Co., Ltd. (SSE: 600166) is a Chinese commercial-vehicle manufacturer — medium/heavy trucks (Auman), light/mini trucks, vans, pickups (Tunland), buses, and construction-vehicle chassis — and a subsidiary of the state-owned BAIC Group (BAIC is Foton's controlling/largest shareholder).
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 2 suppliers, 2 customer-side. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
Foton's single largest customer — a heavy-truck JV with Daimler Truck AG (Germany, spun off from Daimler AG in 2021) producing the Auman brand; listed as a 合营企业 (joint venture) related party in note 十四.3. Sales RMB 10,666,742,800 (1,066,674.28万元) against FY2025 total revenue RMB 61.247bn (612.47亿元, stated directly in the filing's financial-highlights section).
FY2024 comparative, from the 2024 annual report's own related-party transaction table: sales RMB 6,335,704,500 (633,570.45万元) against FY2024 total revenue RMB 47.703bn (derived from the same report's stated top-5-customer aggregate: RMB 10,346,660,000 = 21.69% of the year's total sales). +4.14 pts FY2024->FY2025.
Foton's single largest supplier — an engine JV with Cummins Inc. (US); listed as a 合营企业 (joint venture) related party in note 十四.3. Purchases RMB 7,328,107,900 (732,810.79万元). Total FY2025 procurement is not itself a disclosed line item; derived as RMB 55.143bn from the filing's own statement that the top-5-supplier aggregate of RMB 16,803,026,100 (1,680,302.61万元) equals 30.47% of the year's total procurement — a two-step derivation, not a company-stated figure, flagged for transparency.
FY2024 comparative, same derivation method from the 2024 annual report: purchases RMB 5,388,585,800 (538,858.58万元) against a derived FY2024 total procurement of RMB 41.672bn (RMB 12,821,030,000 top-5-supplier aggregate ÷ 30.77%). +0.36 pts FY2024->FY2025.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
Every exposure is read as a buyer dependency; the top 1 are its binding chokepoints.
As a buyer, policy pressure across its consumed materials is flat.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.