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Huizhou Desay SV Automotive to set up new joint venture with Fawer Automotive Partventure

Huizhou Desay SV Automotive Co., Ltd. announced a plan to establish a joint venture with Fawer Automotive Parts Limited Company. The new company will be named Fasay Automotive Technology Co., Ltd. Its registered capital is CNY 260 million, with Huizhou Desay SV Automotive investing CNY 117 million (45%) and Fawer Aut....

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