ThyssenKrupp Group is a German industrial giant with long history and global fame, and has invested over 2000 companies in around 80 countries, more than 30 of them are located in China. The group’s products include materials, automobile technology, equipment manufacturing, engineering design and trade, etc. The turnover of the group reached 42.8 billion Euros in 2014/2015 fiscal year. Starting from 2012, ThyssenKrupp (China) Ltd. has invested ThyssenKrupp Valvetrain and ThyssenKrupp Steering in Changzhou, which have been finished and put into production. This February another agreement for capital increase has been signed.

Fei Gaoyun said that Changzhou and ThyssenKrupp have good cooperation foundation and broad prospect, and Changzhou is building a high-end manufacturing base, which make the both sides share many common interests. And the facts prove that the investment of ThyssenKrupp in Changzhou results in good market achievements. We sincerely hope the both parties could have more cooperation in broader aspects. 

Tilo Quink expressed the company’s confidence in the booming China market. The next step is to accelerate business development, based on the project invested in Changzhou. The company is very satisfied with the business environment and government service of Changzhou, and he believes that the cooperation with Changzhou would lead to more achievements.