202 1 1 Zhang Xiyong resigned as chairman of BAIC. During his tenure at BAIC, Zhang Xiyong first promoted BAIC Futian to achieve "three major steps in four years" (1996 "Foton made by hundreds of French companies", 1998 went public, and 1999 had the largest sales of young brands in China), creating a classic case of state-owned enterprise reform in the industry [10]; After 2000, we continued to lead Foton to create "golden decade", and realized that Beiqi Foton won the sales champion of commercial vehicles in China for more than ten years from small to large, from domestic to international [2 1] and became the first brand of commercial vehicles in China. 20 1 1 After he entered BAIC, Zhang Xiyong pushed BAIC to intensify its reform and innovation, successively promoted the listing of H shares of BAIC [15], renamed BAIC Blue Valley and realized the listing of A shares [16], and BAIC and Daimler [17]. In 20 17, Zhang Xiyong also served as the chairman of Beiqi Foton, presided over and promoted the "Three-year Action Plan of Beiqi Foton" [19], led Beiqi Foton to focus on the main business of commercial vehicles, greatly improved the development quality, returned to the first place in the market share of commercial vehicles [20], and embarked on a benign development path.