- About Wuxi
Recently, Wuxi National High-tech Zone (Xinwu District) and Asia Pacific Resources Development Investment Ltd. signed a cooperation agreement to settle a series of cooperation projects with a total investment of over 10 billion yuan successfully. Huang Qin, Secretary of the CPC Wuxi Municipal Committee, met with a group led by Zheng Jianming, Chairman of the Board of Asia Pacific Resources Development Investment Ltd., and attended the signing ceremony. Jiang Min, Vice Mayor of Wuxi, Secretary of Party Working Committee of Wuxi National High-tech Zone and Secretary of CPC Wuxi New District Committee, delivered a speech.
Asia Pacific Resources Development Investment Ltd. is committed to advancing leading clean energy integrated solutions. It owns many business segments such as photovoltaic product manufacturing, solar power generation, new energy vehicles and energy storage, basic energy chemicals, bio-pharmaceuticals and pelagic fishery.
The five projects signed this time have a total investment of 10.3 billion yuan. After going into operation, they will achieve sales of about 75 to 80 billion yuan. Among them, the headquarters project of Asia Pacific Resources Development Investment Ltd. will integrate its holding and joint-stock subsidiaries and introduce partners and customers. With a total investment of 1 billion yuan, the Wuxi Suntech 1.5GW high-efficiency component expansion and factory intelligent transformation and upgrading project will have an annual sale reaching 10 billion yuan as predicted after delivery. Wuxi Suntech plans to build a high-standard new intelligent component factory with an area of 150,000 square meters to improve component production efficiency for the 5GW next-generation high-efficient component project. The biological medicine custom-made R&D and production platform project of Bibo Pharma will provide a dual technology platform ranging from process research and development to small-scale clinic production to large-scale commercial production and full-process biological medicine production services. UBOO medical-grade far-infrared ceramic light wave material R&D industrialization project is dedicated to building a local professional health service platform in China and providing a comprehensive and sustainable solution for building a "healthy China".