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SDIC’s Four Projects in Ningbo Are Signed

On June 20th, Chairman Wanghuisheng met with the Deputy Party Secretary of Ningbo CPC Municipal Committee and Mayor of Ningbo Zheng Shanjie. They witnessed the signing of the cooperation projects.

Zheng Shanjie extended warm welcome to Wang Huisheng and his party and briefed the delegation on Ningbo’s latest social and economic development. He said that, currently, Ningbo introduced a group of high-end scientific and research institutes and projects of newly emerging industries. It was predictable that in the near future the economic development of Ningbo would march a new high. SDIC and Ningbo had a sound base for cooperation. The two sides were starting new round of cooperation with great potential. He hoped SDIC could set its foot in Ningbo with radiation effect of Zhejiang, so as to share the dividend of high-quality development. We would provide all-round investment information and first-class investment service with a view to providing sound investment environment for SDIC.

Wang Huisheng talked about the latest development of SDIC in recent years. He pointed out that as the only investment holding company among central SOEs, SDIC had always played its role of investment guidance. Since the 19th CPC Party Congress, SDIC made clear its development position, stepped up its transformation and increased the business proportion of advanced manufacturing, certification & testing, health & old-age caring, and bio energy etc.. He said that SDIC took Ningbo as an important base for serving China’s manufacturing industry transformation. It would expand its investment scale in the advanced manufacturing and emerging industries in Ningbo with a view to opening new chapter of cooperation between SDIC and Ningbo.

After the meeting, Wang Huisheng and Zheng Shanjie witnessed the signing of cooperation agreement between SDIC Chuangxin and Ningbo Industrial Investment Group, Ningbo Phase Motor Technology Co., Ltd. Ningbo Junsheng Electrics Co., Ltd. and Cixing Group.


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