On December 18th, the signing activity of China Phoenix Total Value Chain Super Factory Project was held in Nanjing Jiangning Development Zone. This is both a landmark project for Nanjing to expand its high-level opening-up to the outside world and a vivid practice for foreign enterprises to continuously invest in Nanjing. Zhou Hongbo, Secretary of the Municipal Party Committee, Frank Stenberg, CEO of Phoenix Contact, and Dirk Golitzer, CEO and COO, witnessed the signing.
In his speech, Zhou Hongbo congratulated the project signing on behalf of the municipal government. He said that Nanjing and German enterprises have been maintaining close cooperation. Phoenix as a global leader in the field of industrial automation technology, more than 30 years and Nanjing hand in hand, become an old friend of industrial science and technology innovation, for the development of intelligent manufacturing industry in Nanjing has made an important contribution. The signing of this contract is a new starting point for win-win cooperation, and we hope that the two sides will work together to strengthen the business in Nanjing, seize the emerging track, explore the global market, and help Nanjing to build a strong industrial city, shape the new momentum of development, and enhance the level of opening up to the outside world. Nanjing will make greater efforts to create a first-class business environment that is market-oriented, rule of law-oriented and internationalized, provide better and more convenient government services for the project to start construction, and work together to create a better future of mutual benefit and win-win situation.
In his speech, Dirk Golitzer expressed his gratitude to Nanjing Municipality and Jiangning District for their long-term concern and support for Phoenix's development in Ningbo.
He said the signing is a historic moment. Phoenix Total Value Chain Super Factory is the largest project invested by the enterprise in Ningxia, and it is also a practical action to optimize the Chinese market and the future development of Nanjing. Phoenix will continue to be rooted in China and deeply cultivate Nanjing, and look forward to more cooperation with Nanjing.
Phoenix full-value chain super factory project is planned to start construction in the first quarter of 2025, and put into operation in 2028, will create a set of parts, finished products and supply chain trinity full-value chain in-depth integration and efficient synergy of the core manufacturing base.
Phoenix (Jiangsu) New Energy Vehicle Investment Co., Ltd. was granted a business license on the spot, becoming the eighth wholly-owned company set up by Phoenix in Ningbo. Phoenix signed framework cooperation agreements with Nanrui Group and TGOOD Electric respectively.
Mr. Lin Tao, Secretary of Jiangning District Committee, Mr. Shan Shewu, Chairman of Nanrui Group, Mr. Yu Dexiang, Chairman of Teradyne, and relevant executives of Phoenix attended.
