Fuyao Glass America continued to be profitable in 2019, but the company's global owner experienced economic headwinds last year and sees serious challenges in 2020. "In 2020, the economic prospect remains grim, and risks and uncertainties will continue to loom both at home and abroad and the automobile sector is still-likely to be confronted with the risk of negative growth," Fuyao Global Chairman Cho Tak Wong said in the company's 2019 annual report.
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