Who bought Wuxi FAW Foundry?

Tianqi shares. Wuxi FAW Foundry Co., Ltd. is a wholly-owned subsidiary of FAW Foundry Co., Ltd., with an area of 33,289 square meters, a production area of 26,000 square meters, more than 700 employees and an annual production capacity of 40,000 tons. Wuxi FAW Foundry Co., Ltd. was acquired by Tianqi. Tianqi Co., Ltd. currently has 1480 employees and 450 professional technicians and managers. It is a national high-tech enterprise, a national intellectual property pilot unit and a provincial engineering technology research center.