Fuyao Group invests 700 million yuan in new project in Jiading, Shanghai

On February 7, Fuyao Group held a signing ceremony for a new project in Jiading, Shanghai, marking their important strategic layout in the field of automotive aluminum trims. The project plans to invest nearly 700 million yuan and is expected to start production in 2026. It can produce 21 million high-precision aluminum alloy metal product trims per year and provide about 1,200 jobs.