Recently, the largest professional manufacturer of truck driveshafts in China, FAW FUO Driveshaft Branch was officially listed. The company is a wholly-owned subsidiary of FAW-Fuyang Automotive Components Co., Ltd., and it is a FAW Group's development strategy based on the "specialization" of parts and components. The company has 335 million yuan in fixed assets, annual output of 550,000 shafts, annual output value of 250 million yuan. This branch company not only provides support for FAW trucks and light vehicles, but also supports many domestic automobile manufacturers. Its products are also exported to South Korea, North America and other countries and regions. Source of information: Changchun Daily
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