Fugia Xuyang R&D Center unveiled in Changchun

On September 6, 2012, Changchun Fogia Xuyang Auto Parts Technology R&D Co., Ltd. was officially unveiled at the Jingyue Development Zone in Changchun City. The R&D center was jointly established by the world’s leading auto parts supplier, Faurecia, and its partner, Changchun Xuyang Industrial Group, in conjunction with Jilin University, marking the further deepening of the investment tripartite cooperation and the Faurecia Group’s presence in China. Business is fully upgraded.

The newly established R&D center will focus on the design, development and trial production of automotive parts, dashboards, door panels and other automotive parts and related products. While providing product design and development, product testing, testing and other services for the joint venture, it can also provide related services for other companies. According to the agreement, Faurecia will provide technical support for staff training and development projects for the new R&D center. Xuyang Group will provide the necessary sites for the center's operations, and Jilin University will provide support for talents, equipment and other aspects.

Presidents and CEOs of Faurecia, Vice Governor of Jilin Province, Vice Mayor of Changchun City and Deputy General Manager of FAW attended the unveiling ceremony. Local officials, FAW-affiliated companies, Jilin University, and Asahi were also present at the ceremony. Yang Group representative.

"The establishment of a new R&D center is a new chapter in the history of Foggia's development in China, which reflects Foggia's emphasis on the Chinese market, its emphasis on technological innovation, and the importance of in-depth cooperation with its Chinese partners." Yan Fusheng, Foglia Global President and CEO Mr. Li said: "The R&D center will not only develop new projects for our customers, but will also conduct research on new materials in the automotive field with the participation of Jilin University to help us better cope with the future development of the automotive industry."

Faurecia is the world’s sixth-largest supplier of automotive parts and has a leading position in the four business areas of automotive seating, emission control technology, automotive interiors and exteriors. Changchun Xuyang Industrial Group is a leading manufacturer of automotive parts such as automotive seats and interiors. Jilin University is one of the top ten key universities in China. It has one of the nation's premier automotive engineering disciplines. Since its inception in 1946, Jilin University has trained numerous outstanding talents for the Chinese automotive industry. This cooperation with Jilin University is the first time that Faurecia has cooperated with famous universities in Europe and the United States. It has created a new model for Foggia's development in China.

Changchun has always played an important role in Faurecia's strategic layout in China. Currently, Faurecia has five joint venture factories in Changchun to produce automotive interiors, exteriors, emission control systems, and seat frame related products, covering all four major Foglia business areas. As a joint venture between three factories, Xuyang Group has a decade-long history of cooperation with Faurecia.

Mr. Cheng Zuoping, chairman of Xuyang Group, stated: “Foggia has world-leading technology, philosophy and experience. Xuyang Group attaches great importance to the partnership with Faurecia. We believe that the establishment of a new R&D center will become a new cooperation between the two parties. Milestones, further consolidating their leading position in related business areas

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