Listed companies of BAIC include BAIC Blue Valley, Beiba Media, Foton Motor, Oriental Fashion, Yihuatong, Jingwei, Alte and so on. Beiqi Blue Valley, whose main business is new energy vehicles, is listed on the backdoor; Foton Motor, whose main business is commercial vehicles; BAIC's main business is passenger cars, which are listed in China Mainland and Hongkong respectively. Beiqi Foton specializes in commercial vehicles and is listed on the Shanghai Stock Exchange. Beijing Automobile Group Co., Ltd. (hereinafter referred to as "BAIC Group") is the backbone enterprise of China automobile industry. Founded in 1958 and headquartered in Beijing. Now it has developed into an industrial chain covering R&D, vehicle and parts manufacturing, automobile service trade, comprehensive tourism service and financial investment. BAIC Group developed and produced the first Beijing car "Jinggangshan", the first brand of new China light off-road vehicle BJ2 12 and the first generation light truck BJ 130.