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Caterpillar Research and Development Centre
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Caterpillar was established in 1925 with its headquarters in Illinois of USA. It is the largest producer for engineering machinery and mining equipment in the world.
Caterpillar Research and Development Centre (CRDC) is located in Wuxi city of Jiangsu and has over 700 technicians. Its main function is to world-leading R&D and IPR management, and to support the implementation of Caterpillar’s strategy in both Chinese and other emerging markets. CRDC has become the largest R&D centre of Caterpillar outside USA and is giving technical support to China and other Asian regions.
At present, Caterpillar has registered four corporations, including CRDC, in Wuxi, and thus formed a comprehensive industrial chain covering production base to R&D centre. From 2005 to 2012, the total registered capital reached about USD 200 million and the total investment around USD 500 million. Moreover, Caterpillar made investment for businesses in Suzhou, Wujiang and Nantong of Jiangsu. In 1994, it established Caterpillar (Xuzhou) Ltd. in Xuzhou city of Jiangsu, whose factory covers an area of 170 thousand square metres. In 2013, Caterpillar (Xuzhou) will produce 24 thousand excavators and therefore become its largest production base in the world.
In 2012, CRDC was recognised by the Jiangsu Department of Commerce as the “Functional Organisation of Multinational Company”, in line with relevant regulations of Chinese Ministry of Commerce.
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BSH
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BSH China is co-established Bosch and Siemens. BSH entered into China and established a washing machine plant in Wuxi city of Jiangsu in 1994. In 1997 it set up its sales company in Nanjing of Jiangsu. And in 2004 it built BSH Household Appliances Park for production, R&D and logistics in Nanjing Economic and Technological Development Zone. In 2010 it invested and established BSH (China) Household Appliances Ltd. in Nanjing.
At present, the registered capital of BSH China exceeds USD 260 million. And as BSH’s headquarters in China, BSH China holds the total shares of its six Chinese subsidiaries, three of which are in Nanjing and one in Wuxi. In 2012, BSH China was recognised by the Jiangsu Department of Commerce as the “Functional Organisation of Multinational Company”, in line with relevant regulations of Chinese Ministry of Commerce. BSH China’s headquarters building is under construction now.
BSH produces refrigerator, washing machine, kitchen appliances, electric water heater, small household appliances and imported high-end products including dish washer and oven. Over the past five decades, BSH China has made outstanding performance, whose sales revenue has been increased by two digital numbers every year. According to the statistics of sales, the market ratio of BSH barrel washing machine ranked top and BSH refrigerator ranked second. BSH has become one of the most successful multinational enterprises in the competition-fierce Chinese market. BSH China is not only BSH’s most important production base and data exchange centre in Asia-Pacific region but also one of its significant R&D centres.
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BENQ Medical Centre
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BENQ Medical Centre is a joint hospital invested by BENQ Group, including Nanjing BENQ Medical Centre and Suzhou BENQ Medical Centre.
Built according to the standards of China’s Third Rank Hospital, Nanjing BENQ Medical Centre covers an area of about 400 thousand square metres with an investment of RMB 1.4 billion during the first phase. It provides both general and specific medical services. At present, there are 1500 beds. During the second and the third phases, it will run more medical projects including research experiments, clinical teaching and healthcare improvement. It has first rank clinical offices for internal medicine, surgery, gynaecology, paediatrics and traditional Chinese medicine, medical technique rooms for examination, screening, pathology and experiment, Advanced Endoscope Centre, ICU, International Medical Centre, Blood Purification Centre and so on. It conducts various medical activities including healthcare, rehabilitation, prevention, research and teaching.
Suzhou BENQ Medical Centre ran its business from December 2012. It is located at the National New High-Tech Industrial Development Zone in western Suzhou city. It covers an area of around 133 thousand square metres and will have 1500 beds according to the overall plan. The total building area is about 220 thousand square metres and 1000 beds are available during the first phase. It gives its initial priority to Heart Centre, Minimal Invasion Centre, Tumour Centre, Injury First-Aid Centre and Healthcare Centre. It hopes to develop distinctive offices, establish good reputation and gradually become a comprehensive hospital combining science, teaching and research.
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Compal
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Compal Group was established in 1984 in Taiwan region. Among the World Top 500, it is the world-leading producer and researcher for notebook PC.
In 1995, Compal Group established office in Kunshan, Suzhou of Jiangsu. After that, it had set up seven enterprises, with a registered capital of USD 109 million. Its operations cover production, R&D and sales of notebook PC, palm computer, mobile phone, wireless communication equipment and other digital apparatus. Its partners include HP, DELL, ACER, SAMSUNG and other internationally-renowned producers. At present, the notebook PC produced in Kunshan by Compal accounts for half of its total output and one fifth of the global total. In 2009, Compal ranked first in Jiangsu and eighth in China for its import and export volume.
The Compal Group Investment Headquarters include the Regional Headquarters of Compal Group Development Zone and Compal Investment (Jiangsu) Ltd. The initial registered investment amounted to USD 40 million. The headquarters works on investment and management.
In 2009, Compal and Kunshan Economic and Technological Development Zone signed an agreement to make an investment of USD 180 million for the construction of new regional headquarters, R&D centre and four plants. In 2012, Compal Investment (Jiangsu) Ltd. was recognised by the Jiangsu Department of Commerce as the “Functional Organisation of Multinational Company”, in line with relevant regulations of Chinese Ministry of Commerce.
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Herbalife
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Herbalife was established in 1980 in Los Angeles of USA. In 2011, its annual retail sales reached USD 5.4 billion and its employees throughout the world amounted to 4500. Herbalife is a world-leading direct-seller for nutrition products and weight management. Its independent sellers are located at over 80 countries in the world. At present, it makes up 33% of the global market of nutrition recipes.
Since 1997, Herbalife made its initial investment in China. In 1998, Herbalife set up a production base in Suzhou Industrial Park and started its production in 2000. This production base is the sole one outside its USA base. Herbalife (China) Nutrition Ltd is Herbalife’s subsidiary in China. It has installed the most advanced equipment for tablet and powder nutrition production, as well as an automatic package line. The production environment reaches the GMP for nutrition products of the then Chinese Ministry of Health (now re-named as National Health and Family Planning Commission of the PRC). It is one of the first companies in Jiangsu, which are rewarded with the GMP Certificates for Nutrition Products. Meanwhile, Herbalife (China) is one of the first direct sellers approved by the Direct Selling Regulation Bureau of the State Administration for Industry and Commerce of the PRC, and thus embarked on a new road for business.
In 2012, Herbalife (China) was recognised by the Jiangsu Department of Commerce as the “Functional Organisation of Multinational Company”, in line with relevant regulations of Chinese Ministry of Commerce.
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TOYOTA Research and Development Centre (China)
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Established in 1933 in Aichi of Japan, TOYOTA is now Japan’s largest auto manufacturer and one of the world top ten auto producers.
TOYOTA R&D Centre (China) is TOYOTA’s sixth global R&D Centre and is located in Changshu Southeast Economic Development Zone of Jiangsu. The total investment reached USD 689 million. With a registered capital of USD 234 million, the centre covers an area of 2.34 million square metres, which will be used for Design Experiment Building, Comprehensive R&D Building, Multi-functional Track and other environment-friendly facilities. The construction area of the centre is 690 thousand square metres. The Test Drive Area is around 740 thousand metres. The number of employees is now 200 and will reach 1000 in the future. Compared with those R&D centres set by other global auto enterprises up to now, TOYOTA R&D Centre ranks top in terms of total investment volume.
TOYOTA R&D Centre drives the rapid development of various science and technology carriers, including centres for auto R&D and metal materials examination in Jiangsu. Moreover, it has attracted over 30 relevant producers for auto components, for instance, NSK, OTICS and TOYOTA Logistics. After the completion of the project, TOYOTA headquarters will implement other relevant projects (for example, production of new mixed-power auto and key components).
In 2012, TOYOTA R&D Centre was recognised by the Jiangsu Department of Commerce as the “Functional Organisation of Multinational Company”, in line with relevant regulations of Chinese Ministry of Commerce.
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SUMSUNG Semi-Conductor (China) R&D Ltd
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Established in 1938 in South Korea, SUMSUNG ranks now among the World Top 500. Up to now, it has set up over 400 subsidiaries and offices in over 80 countries and regions. Besides, the SUMSUNG Semi-Conductor (China) is the second largest producer for semi-conductor chips in the world.
SUMSUNG Semi-Conductor (China) R&D Ltd is particularly established by SUMSUNG Group for semi-conductor products. At present, the South Korea SUMSUNG Electronic Semi-Conductor Headquarters has set up two production companies: SUMSUNG Electronic (Suzhou) Semi-Conductor Ltd and Suzhou SUMSUNG Electronic LED Ltd. With the goal of advancement, customer-tailed and nationalisation, the headquarters established an institute in Suzhou, that is, SUMSUNG Semi-Conductor (China) R&D Ltd.
SUMSUNG Semi-Conductor (China) R&D Ltd works on the design of mega integrated circuit, development of basis soft- and hard-wares, as well as system resolution. It will become the most significant and advanced R&D centre for SUMSUNG in the world. At present, it gives priority to the design of electronic components, integrated circuit, soft- and hard-wares, research and development of electronic product resolution, encapsulation technology of semi-conductors, software development and system resolution.
In 2012, SUMSUNG Semi-Conductor (China) R&D Ltd was recognised by the Jiangsu Department of Commerce as the “Functional Organisation of Multinational Company”, in line with relevant regulations of Chinese Ministry of Commerce.
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Emerson Climate Technologies (Suzhou) Ltd
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Established in 1890 in Louis of USA, Emerson has assumed the leading position in integration technology and engineering. With over 60 leading subsidiaries, Emerson provides innovative products and comprehensive resolutions of its eight brands. At present, it is one of the top ten American investors in China.
In 1999, Emerson invested USD 180 million in Suzhou Industrial Park and established Emerson Climate Technologies (Suzhou) Ltd. in 2002, it further set up Emerson Climate Technologies (Suzhou) R&D Ltd and a R&D Centre in Suzhou Industrial Park. The centre works on the research and development of heating, wind, air-conditioning and freezing, as well as the improvement of the liability, efficiency and durability of compressor, refrigeration system and other products. It is Emerson Climate Technologies’ second largest research base in the world. In five years, it will become Emerson’s largest global research base. At present, the R&D Centre in Suzhou employs 300 technicians and researchers. The annual investment amounts to USD 12 million for the research on the heating, wind and air-conditioning for household, industrial and commercial applications.
In 2012, Emerson Climate Technologies (Suzhou) Ltd was recognised by the Jiangsu Department of Commerce as the “Functional Organisation of Multinational Company”, in line with relevant regulations of Chinese Ministry of Commerce.
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Xuzhou Construction Machinery Group
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Established in July 1989 in Xuzhou of Jiangsu, Xuzhou Construction Machinery Group (XCMG) ranks top in China in terms of construction machinery, products categories, competitiveness and influence. It assumes the fifth position in the world for construction machinery production. In 2011, its annual sales income reached RMB 87.1 billion, with an export of USD 1.08 billion and maintaining its top position.
XCMG strives to implement the strategy of internationalisation, increase the export, and push forward merger and acquisition overseas, in order to formulate the system of global R&D, manufacturing, sales and service. At present, XCMG exported its products to 158 countries and regions. The group established over 280 overseas agencies to provide services. Meanwhile, XCMG makes proactively effort to set up overseas offices and carry out overseas investment, merger and acquisition strategies. Since 2010, it has established 10 overseas offices in different countries, for instance, Brazil, Argentina and Azerbaijan. Moreover, it acquired the AMCA of Netherland and FT of Germany, both of which worked on the R&D of basic components. Besides, it established several overseas companies in Brazil, India and Saudi Arabia. In 2012, XCMG invested USD 290 million to acquire Schwing of Germany, an old famous producer for concrete. After this project, the expected annual sales will reach USD 600 million and the number of local employees will be 3300. Through different overseas investment modes and exploration of foreign markets, XCMG overcomes the barriers in terms of foreign market policies, technologies and trade, and thus enhance its competitiveness in the global market by diversified product categories.
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Hodo Group
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Established in 1983 in Wuxi of Jiangsu and as one of Jiangsu’s key enterprises, Hodo Group owns ten domestic subsidiaries and two overseas branches. It built the Cambodia Sihanoukville Special Economic Zone. As a producer for several “Chinese Brands”, Hodo Group’s sales in 2011 reached RMB 35.171, a year-on-year increase of 24.78%.
Since 2002, Hodo Group initiated the strategy of “going global” and established overseas subsidiaries in New York and Los Angeles. After 2012, the sales and profits of these two subsidiaries have been increased by over 15%. At present, its overseas subsidiaries realises an annual income of over USD 135 million, with its overall capital exceeding USD 100 million.
In 2007, Hodo Group built a special economic zone covering an area of 11.13 square kilometres in Sihanoukville of Cambodia in line with the national policy of going global. The initial area was 5.28 square kilometres and it could accommodate 300 enterprises when the project was completed. After four years’ effort, the Special Economic Zone has become one of the first overseas economic and trade cooperation zones approved by Chinese Ministry of Commerce and Chinese Ministry of Finance. It is also the first cooperation zone with an agreement treaty and bilateral coordination mechanism between China and Cambodia. At present, the construction area of the zone is 3 square kilometres with 24 enterprises from China, Japan, Europe and USA, 16 of which have started their operation and employed about 6000 workers. Hodo Group effectively utilised the local land, raw materials and labour forces through building a special overseas economic zone, built a base for export and import, and thus set up a solid foundation for its internationalisation strategy.
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Qiyuan Group
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Established in 1994 in Zhangjiagang city of Jiangsu, Qiyuan Group has seven domestic subsidiaries and one overseas office. It also built the Eastern Industry Park in Ethiopia.
In line with China’s policy of “going global”, Qiyuan Group established LQY WELDED TUBE Inc. in Huston of USA, which serves as its overseas production base for welded steel pipe. The annual production will reach 50 thousand tons, covering various steel and compo pipes.
At the same time, Qiyuan Group built the Eastern Industry Park in Ethiopia, which was managed by Zhangjiagang Economic and Technological Development Zone and was approved by the Chinese Ministry of Commerce in November 2007. The Eastern Industry Park is located at Oromia of Ethiopia and will mainly cover metallurgy, construction materials and electro-mechanics. It will also take the market demands of Ethiopia into account and eventually develop an export-oriented zone featured with manufacturing processing, export and import trade, resource exploration, bonded storage, logistics, transportation and commodity showcasing and sales. Up to the end of December 2012, Eastern Industry Park has made a total investment of USD 63.22 million. The investment on infrastructure was USD 47.15 million. The export volume reached USD 61.98 million. These 11 enterprises in the park have realised sales revenue of USD 90.98 million in total and the Ethiopia government received a tax of USD 8.46 million from them. The number of employees in the park amounted to 2409. It created 1960 employment vacancies for Ethiopia. At present, there are 20 Chinese companies working on investment and construction sourcing in the park. And 11 companies held by the Chinese have registered in the park, with a contractural investment volume of USD 144.51 million. Nine of them have started their operation and made a total investment of USD 95.5 million.
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East China Mineral Exploration and Development Bureau
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Established in March 1955 in Nanjing, East China Mineral Exploration and Development Bureau has always been striving to explore minerals in solids and energy exploration. Moreover, as an enterprise, it makes efforts to mineral development and investment on the base of geological exploration.
The bureau has implemented the strategy of “going global” since 2008 and has established a mechanism for overseas project investment, management and withdrawal. Besides, it has worked out a project platform for global geological and mineral exploration and development and a project model for economic appraisal. It has a professional negotiator team for international investment as well as professional technicians for overseas projects. It has founded a fund for industrial investment, raising a fund of about RMB 1 billion from the public. In 2009, it acquired 24.86% of the shares of Arafura Company of Australia, which turned the bureau into the largest shareholder for Arafura. In 2011, it purchased 53.7% of the shares of the Australia Globe Metals and Mining Limited. In 2012, it became the largest shareholder of Australia TNG. The bureau will fully give full play to its strengthen in technology and capital, and will continue its communication with foreign partners to improve its international business.
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Jinsheng Industry Ltd.
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Established in 2000 in Jintan of Jiangsu, Jinsheng Industry Ltd is a private new and high-tech enterprise whose priority is to produce and sell textile machinery. It is now China’s largest producer for cotton open-cleaning unit and clean-combing unit with self-owned IPR and overall processing technologies.
In 2011, Jinsheng invested 100 million euro to acquire 50% of the shares of Germany EMAG Group, which is an internationally-renowned manufacturer of machine tool. This acquisition of foreign enterprise makes a record for Jiangsu’s private enterprises in terms of investment volume. Established in 1867, EMAG invented the inverted tool machine and its products accounted 40% of the global market. This company owns over 200 international patents and is a famous provider for advanced gear, transmission box and wheel for high-speed train. At the end of 2012, Jinsheng signed a deal with Oerlikon of Switzerland to acquire its two branches for natural fibre and textile equipment. Worth at 650 million Swiss Francs (about RMB 4.23 billion), this acquisition will be completed during the third quarter of 2013. With a history of over one hundred years, Oerlikon, a high-tech multi-national group, established 150 branches in 36 countries and has 16 thousand employees. It mainly works on mechanical equipment and system engineer. At present, Saurer (Jintan) Textile Machinery Ltd and Jintan Texparts Component Ltd, co-established by Jinsheng and Oerlikon, have started their operation in 2005.
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