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Dongfeng Hongtai, Faurecia China and Dongfeng PO entered into a tripartite equity acquisition and integration agreement. Under the agreement, Dongfeng Hongtai will acquire and integrate Dongfeng Faurecia's exterior business, focusing on automotive plastic rear doors.
“The exterior business integration is an important move of Dongfeng Hongtai to implement the strategy of 'dual-wheel drive, coordinated development', specialize, refine and improve its automotive parts business.”dongfeng-global.com
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