Changchun Faway Automobile Components Co.Ltd(600742) : establishment of the project of Fuwei Dongyang green intelligent manufacturing base, a subsidiary

Changchun Faway Automobile Components Co.Ltd(600742) on the evening of February 18, it was announced that the proposal on the establishment of Fuwei Dongyang green intelligent manufacturing base project was considered and adopted at the 10th meeting of the 10th board of directors of the company.

Changchun Faway Automobile Components Co.Ltd(600742) said that according to the strategic positioning of the new market in the “14th five year plan” of Changchun Changchun Faway Automobile Components Co.Ltd(600742) Dongyang automobile plastic parts Co., Ltd. (hereinafter referred to as “Fuwei Dongyang”), the holding subsidiary of the company, and the work guidance requirements of “expanding the foreign customer market of electric vehicle platform and obtaining Audi FAW PPE project”, The green intelligent manufacturing base project can better meet the needs of customers and the automotive exterior decoration market and support the sustainable development needs of enterprises. The project aims to build a green waterborne paint manufacturing base, which is in line with the development trend of industrial environmental protection and conducive to the innovation, development and transformation of the company.

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