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Recently, Guangzhou Baolong Group, a private automotive company in Guangzhou, and the relevant person in charge of the German component manufacturer WEBERMOTORAG ​​revealed that both parties are ready to cooperate in the production of parts and components. Just two months ago, Baolong Group decided to invest more than 50 million yuan to build the MPV-ESPACE body parts project. According to reports, Baolong's advancement in the production of spare parts has long been premeditated. In mid-September, Baolong Group’s listed company Dongfang Baolong passed two important proposals at the 6th meeting of the second session of the Board of Directors. One of them was to invest more than RMB 50 million in the construction of MPV-ESPACE body parts. This proposal means that Orient Baolong will directly enter the production of auto parts. WEBERMOTORAG ​​is a German company with 30 years of experience in component processing and engine production. It is a supplier of BMW 3 Series cylinder heads, Audi A8 crankshafts and Ford engines.