Under the background of tightening monetary policy, China Construction Bank and China Minsheng Bank compressed the scale of other enterprises' credit, and still provided a long-term loan of 1.2 billion yuan to the Foton Cummins Engine Project according to plan, which shows the trust of the two banks in the development prospects of Foton Cummins. The person in charge of Futian Cummins said that the company will make full use of the rich and distinctive financial products, financial instruments and financial platforms of China Construction Bank and China Minsheng Bank, integrate the advantages of the shareholders of both parties, realize multi-win-win situation and continuously improve the level of financial management. Foton Cummins formed strategic support for the parent business of both parties and quickly grew to become a globally competitive engine manufacturer.

It is understood that Foton Cummins is invested by Foton Motors and Cummins Co., Ltd. at a ratio of 50:50. The total investment of the project is more than 2.7 billion yuan. The designed capacity is an annual output of 400,000 engines. The main product is Cummins' latest generation of 2.8 liters. The 3.8-liter in-line four-cylinder high pressure direct injection light diesel engine features high starting point, high performance and low emissions, and is suitable for use in light trucks, pickup trucks, SUVs, MPV utility vehicles, small construction machinery, off-highway equipment and power systems. These two products are the latest products of Cummins Inc. and have never been put in other countries in the world. It is expected that they will be put into production in 2009.

Foton Motors is China's largest manufacturer of commercial vehicles, covering a full range of commercial vehicles; Cummins is the world's largest independent engine manufacturing company. Some experts believe that with the Foton Cummins project, Foton Motor can successfully enter the markets of developed countries in Europe, America, Japan and South Korea, and accelerate the internationalization of the company; Cummins can also use this joint venture project to complete the strategic layout in China. The full range of heavy, medium and light diesel engines are produced locally.