Ruizhi (Qingdao) Precision Mechanical and Electrical Co., Ltd. added 3 million compressor production capacity project to hold a groundbreaking ceremony in Qingdao. (Photo source: Qingdao Municipal Taiwan Affairs Office)
China Taiwan Network Qingdao News July 24, Recently, Ruizhi (Qingdao) Precision Mechanical and Electrical Co., Ltd. added 3 million new compressor capacity project to hold a groundbreaking ceremony in Qingdao. Relevant leaders of Qingdao Municipal Taiwan Affairs Office, Qingdao West Coast New District Working Committee, as well as heads of the West Coast New District International Investment Promotion Center, District Taiwan Affairs Office and other departments attended the groundbreaking ceremony.
In his speech, Fang Yan, director of the Taiwan Affairs Office of Qingdao, first expressed her sincere congratulations on the successful start of the new production capacity project of Ruizhi (Qingdao). Then she said that every time she went to Ruizhi Qingdao factory, she could have the company's successful experience and felt the joy of the company's launch of new products. The just-concluded SCO Qingdao Summit received affirmative instructions from General Secretary Xi Jinping, giving wings to Qingdao's future development and enhancing its thrust. At present, the whole city is learning the spirit of General Secretary Xi Jinping’s instructions to the SCO Summit. The Qingdao Taiwan Affairs Office will also carry forward a good style and strive to contribute its due strength to the development of Ruizhi Group. We also hope that Ruizhi Group can seize development opportunities, play a good leading role, achieve higher quality development, and play an active role in promoting the integrated development of the cross-strait economy!
Liu Jinxi, vice chairman of Taiwan Ruizhi Group, said in his speech that the rapid development of the enterprise in Qingdao has received cordial attention from the Taiwan Affairs Office of the Central Committee, the Taiwan Affairs Office of Qingdao, the West Coast New District and all sectors of society. I am very grateful to the Taiwan Affairs Office of Qingdao and the West Coast New District for their strong support and help to Ruizhi Group! Ruizhi Group will continue to uphold the concept of being one family on both sides of the Taiwan Strait, accelerate the development of the enterprise, strive to obtain more benefits for employees, and make greater contributions to Qingdao's economic development!
Taiwan Ruizhi Group is the fourth largest compressor manufacturer in the world. In 2005, Ruizhi Group invested US$218 million to establish Ruizhi (Qingdao) Precision Mechanical and Electrical Co., Ltd. in Qingdao, mainly producing precision electromechanical, fine die, precision bearing and related metal products. After the completion of the project of 3 million new compressors, the company's production capacity will increase to 12 million, accounting for 50% of the total compressor capacity of Ruizhi Group. After the
ceremony, the guests visited the product exhibition hall of Ruizhi (Qingdao) Precision Mechanical and Electrical Co., Ltd. and the frequency converter production line. (Combined report by China Taiwan Network and Qingdao Taiwan Affairs Office)
Visit the exhibition hall of Ruizhi Qingdao factory. (Picture source: Qingdao Taiwan Affairs Office)
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