Shenzhen company to invest in Guiyang FTZ

Representatives from Shenzhen Weifang Energy Technology Co and the Guiyang FTZ seek cooperation in the new energy industry. [Photo/ddcpc website]

A delegation from Shenzhen Weifang Energy Technology Co, based in Shenzhen in South China's Guangdong province, recently visited the technology and innovation industrial park of Guiyang Industrial Development Holding (GIH), located in the Guiyang Free Trade Zone in Guiyang, Southwest China's Guizhou province.

The two sides had in-depth discussions on battery materials, the establishment of battery production lines, product research and development, market orders, and product applications. They both reached preliminary intentions to cooperate.

At the technology and innovation industrial park, Wang Xiaoping, deputy general manager of the park's operator, Guiyang GIH Park Co, introduced the park's location, transportation network, living facilities, and customized factory construction layout to Shenzhen Weifang Energy Technology Co.

The two sides also discussed the industrial park's condition, project cooperation procedures, and operation management system.

Shenzhen Weifang Energy Technology Co is a company that specializes in energy storage R&D and production. Its project development direction matches perfectly with the industrial planning of the Guiyang FTZ, especially since Guiyang and Guian New Area are currently developing their new energy industry.

Luo Xinghuai, chairman of Shenzhen Weifang Energy Technology Co, stated that he was impressed by Guiyang's business services and business environment. Luo went further to state that the technology and innovation park is suitable for the company's development.

Next, Shenzhen Weifang Energy Technology Co will report to its Shenzhen headquarters to promptly carry out relevant actions regarding moving into the industrial park.