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Brembo and Gold Phoenix signed a 50/50 joint venture agreement to establish Shandong BRGP Friction Technology Co., Ltd, creating the first large-scale Brembo manufacturing facility fully dedicated to producing innovative aftermarket pads in China.
“The Joint Venture will establish the first large scale Brembo manufacturing facility fully dedicated to produce innovative aftermarket pads.”marketscreener.com
Summarized from public sources; check the original articles before acting on it.