Fangda Special Steel inks deal with Yuancheng Automobile Technology

Jiangxi Province-based Chinese steelmaker Fangda Special Steel Technology Co., Ltd (Fangda Special Steel) has announced that it has inked a strategic agreement with Jiangxi Province-based Jiangxi Yuancheng Automobile Technology Co., Ltd (Yuancheng Automobile Technology) regarding cooperation in the field of flat spring steel.

 

Yuancheng Automobile Technology, founded in 2002, is one of the largest automotive suspension manufacturers in China, while it has ranked among the top three producers in the past five consecutive years in the domestic leaf-spring industry with a share of over 10 percent of the market in China.