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Why Fuyao Glass is a Sino-foreign joint venture?
Not a Sino-foreign joint venture

Fuyao Glass was founded by Mr. Cao Dewang Sheng in June, 1992. The company is a global professional enterprise in the design, development, manufacture, supply and service of automotive glass and automotive grade float glass, and has formed a supporting production and marketing network system at home and abroad, and is a qualified supplier for Audi, Volkswagen, Hyundai and other automotive enterprises. The company's product logo "FY" trademark is the only "China Famous Brand" and "China Well-known Trademark" in China automobile glass industry so far.