Company Profile

　　In February 2017, Dongfeng and FAW signed a strategic cooperation agreement. Based on the development needs of both parties, they will focus on five areas of cooperation. One of them is to cultivate a common strategic supplier between the two parties. Component manufacturer; on May 30, 2018, the two parties held the "Oil-Water Pump Business Joint Venture Contract Signing Ceremony" in Wuhan.
　　
　　Dongfeng Fawer was established in July 2018 with a registered capital of 50 million yuan, of which Fawer shares accounted for 70% of the shares and Dongfeng parts and components accounted for 30%; the joint venture was officially launched on November 1, 2018. Based on the oil and water pump business of the former Dongfeng Motor Pump Co., Ltd., Dongfeng Fawer has undertaken all the personnel, facilities, customers and supply systems related to the business; the company will integrate the respective advantages of FAW Fawer and Dongfeng in research and development , Supply system, management and information and other fields to implement resource sharing to improve technology, quality and cost control capabilities.
　　
　　The company currently has 96 contract employees, with an annual sales income of 140 million yuan; the plant area is 9,026 square meters, 143 sets of equipment, and 28.46 million yuan in fixed assets. In the next five years, the company's output value will be doubled, and employee income will increase significantly.