Otto Fuchs Technology (Shenyang) Co Ltd, also known as OFTS, became operational on June 12 in the capital of Liaoning province. Wholly owned by the Germany's Otto Group, it is the group's first subsidiary in the Asia-Pacific region.
OFTS mainly produces high-quality non-ferrous alloy dies and other production equipment for automakers including Mercedes-Benz, BMW and Audi.
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