Recently, Tianjin Aviation Logistics Development Co., Ltd., which belongs to Tianbao Holdings, and Woolte (Tianjin) Electronics Co., Ltd. (hereinafter referred to as "Woolte Electronics") officially signed an investment agreement for the Greater China Operation Center project at the Tianjin Port Free Trade Zone Management Committee.
It is understood that Woolter Electronics is the main trading sector of the German Woolter Group and was established in 1994 in Tianjin Port Free Trade Zone . During the COVID-19 epidemic, foreign companies increased their capital increase, demonstrating their recognition of the regional business environment and their determination to take root in the development of bonded zone . Wuert China General Manager Li Qunfeng said that the bonded area has a strong industrial foundation, excellent business environment and high service efficiency. It is precisely because of the business environment here that the Wuert Group decided to increase capital in the bonded area to build the only distribution center and operation base in the north.
After the docking and sorting out the relevant departments of the bonded zone, Woolter Electronics finally selected a site for a large customs clearance base, with the project covering an area of 12,000 square meters. As the only distribution center in the north of the group, it carries out the distribution business of assembly and electronic components . "After the Northern Distribution Center is officially put into use, with the help of the unique location advantages of the large customs clearance base and the policy advantages of the free trade zone, Woolter Electronics will gain stronger driving force on the international platform," said Li Qunfeng.
Source: Bincheng Times