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Following these agreements, shareholder participation in the capital from 25% to 14% PSA decline. Tyyry despite opposition from Peugeot, chairman of the supervisory board of the company to reduce the participation siniora food industries of shareholders, the board, after the vote on this, it is confirmed.
But Arno Monte Borg, French productivity revival minister believes these changes will benefit both the Chinese and the French company Peugeot Citroen is notable in the Asian market. "The PSA is a company owns the technology market in Europe is locked and not accessible to the growing siniora food industries Asian market. siniora food industries Conversely, siniora food industries Dangfng lacks the technology and the brand is not valid due to the presence in the Asian market is growing. "
Previously the company's European and Asian automotive groups Dangfng including Honda, Nissan and Volvo also has partnerships. The company's technology with the efficiency of the PSA group can dominate the car market in Asia, especially in Southeast Asia increase.
The PSA influence the developments in the Chinese market, the world's largest market for automobiles will increase noticeably. The company owns three factories in China and in collaboration with Dangfng vehicle production deals.
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