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Fawer Automotive Parts Company and Dongfeng Auto Parts Company have signed a letter of intent to establish a joint venture, with Fawer taking the leading operational role.
“Fawer Automotive Parts Company under FAW Group announced that it had signed a letter of intent with Dongfeng Auto Parts Company to establish a joint venture.”autonews.gasgoo.com
Summarized from public sources; check the original articles before acting on it.