Global High-end Equipment Manufacturing Base Settled in Nanjing

On January 12, 2012, the annual general meeting of the global general manager of the German Phoenix Contact Group was held in Nanjing. Mr. Eisert, chairman of the German Phoenix Electric Group and all members of the Supreme Board of Directors, and representatives of subsidiaries from 42 countries in Phoenix gathered at Phoenix China to summarize the annual development and deploy a new strategic development plan. Yang Weize, member of the Standing Committee of the Jiangsu Provincial Party Committee and secretary of the Nanjing Municipal Committee, made a special speech and delivered a speech, and highly affirmed Phoenix's investment in China and 18 years of development.

During the two-day meeting, the German Phoenix Electric Group held the opening ceremony of the third phase of the Chinese company. The project has a total construction area of ​​approximately 33,000 square meters and a total investment of 160 million yuan. As of now, the Phase III project is the largest investment project overseas by Phoenix Contact.

At the same time, Mr. Dai Huajie, Standing Committee Member of the Jiangning District Committee, Jiangning Development Zone, Senior Executive Vice President of the Phoenix Contact Group, and Mr.Stuehrenberg, Chairman of the China Company, signed a formal agreement on “National Regional Headquarters and Global High-end Equipment Manufacturing Base”. . Leaders of the Standing Committee of Nanjing Municipal Committee and Party Secretary of Jiangning District Zhou Qian attended the ceremony and delivered speeches.

"The establishment of Phoenix National Electric China Corporation through the national regional headquarters will help expand the scope of business operations, consolidate its leading position in the global market and the industry, and will greatly enhance the competitiveness and brand awareness." Gu Jian Dian, President, Phoenix Contact China It is stated that becoming a national-level regional headquarters is not only one of the important goals of Chinese companies in 2012, but also an important symbol of the real establishment of the core competitiveness of Germany's Phoenix Contact Group in Nanjing, China.

It is understood that Phoenix Global's new manufacturing base covers an area of ​​nearly 300 acres, with a total investment of over 100 million U.S. dollars. It is mainly engaged in the design, manufacture, and sales of core technology products, new energy products, and smart grid products. Gu Jiandang stated that Phoenix Global's new manufacturing base will be located in Jiangning and will form a "triple-in-one" management model with the existing Phoenix Road headquarters and export processing zone in South Asia-Pacific logistics hub, thus providing a full range of solutions for the electronics and automation industries and realizing R&D products Localization of solutions. This will greatly increase the global competitiveness of Chinese companies and gradually expand the output from products to technology.

Gu Jian Dian revealed that Phoenix Contact China also plans to build the industry's largest and most advanced R & D test building and experimental base, which can accommodate 300-500 R & D personnel and first-class R & D equipment. The project is mainly engaged in the research, development and testing of electronics, electrical, mechanical and electrical equipment, automation, and software, and provides strong support for new energy industries such as wind power, solar energy, smart grids, and electric vehicles.

At present, Phoenix Contact China has become an important global production base, research and development base, logistics hub, competitiveness center and strategic center in Phoenix. It is reported that Phoenix Electric Group plans to integrate its existing resources in China through equity restructuring, making Phoenix (China) Investment Co., Ltd. the only subsidiary of Germany's Phoenix Contact Group in China, and coordinating all companies and businesses established by the management company in China. At the same time, the investment company plans to increase the registered capital to 100 million U.S. dollars and actively report to the Ministry of Commerce to the national regional headquarters.

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