FAW-Volkswagen (Dalian) Co., Ltd. is a Sino-German joint venture invested by Volkswagen (China) Investment Co., Ltd. and China FAW Group Corporation. The investment ratio is 6:4, with the German side holding 60% and the Chinese side 40%. It is a foreign-invested enterprise mainly producing automobile engines and transmissions. The project's overall plan is to produce 300,000 engines annually, with a total planned investment of nearly 3 billion RMB, including a registered capital of nearly 1 billion RMB. Currently, the company has completed the capacity construction for 500 units per day, employs over 800 staff, and has achieved an annual production capacity of 150,000 engines in the first phase.
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