Special coverage: Auto China 2006
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Related readings: Guangdong relies on imported high-tech auto parts

Chinese auto parts maker Golden Phoenix Group and PSA Peugeot Citroen recently established a cooperative mechanism and signed the first batch of contracts.

After inspection of technology and quality, PSA approved Golden Phoenix Group to be part of its global supply chain.

Golden Phoenix Group beat the other five brake suppliers on PSA's purchasing list, PSA said. PSA's Asia-Pacific purchase headquarters had been engaged in discussions with Golden Phoenix about purchase and supply since last October.

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The full text is available in the April Issue of AutoChina.

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