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On September 3, Xinwu District of Wuxi signed an agreement with SK Hynix of South Korea, and SK Hynix China Sales Headquarters officially settled down in Xinwu District, which was the latest achievement of deepening comprehensive strategic cooperation between Wuxi and SK Group. Li Xiaomin, member of the Standing Committee of the CPC Jiangsu Provincial Committee and Secretary of the CPC Wuxi Municipal Committee, met a group led by Park Sung-wook, Vice Chairperson of SK Group and President of SK Hynix Co., Ltd., and attended the signing ceremony. Acting Mayor of Wuxi Huang Qin and Deputy Director of operation supporting department of SK Hynix Co., Ltd. Li Mingrong attended the meeting and made speeches at the signing ceremony. Wuxi municipal leaders Wang Jinjian and Lu Zhijian and Secretary General of the Wuxi Municipal People’s Government Xu Lixin participated in related activities.
In his speech, Huang Qin hoped that both parties would take the signing of the sales headquarters as an opportunity to continue to adhere to the spirit of pragmatic friendship and sincere cooperation, further strengthen strategic alignment and expand cooperation areas. The CPC Wuxi Municipal Committee and the Wuxi Municipal People’s Government will always pay great attention to and fully cooperate with SK Hynix's development of headquarter, base and diversification in Wuxi, and will continue to provide high-quality and efficient services for SK Group and SK Hynix's development in Wuxi, striving to create a new situation of win-win cooperation.
Reportedly, this settling of SK Hynix China Sales Headquarters was the first landing project of comprehensive strategic cooperation between the two sides. The implementation of the project will further optimize and integrate the production and sales resource allocation of SK Hynix in China and organically connect the production and sales in China. It is estimated that the annual sales amount will exceed USD 10 billion, making Wuxi a strategic base for SK Hynix in China.