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Meeting with Unitex Wan Guan Technology Co., Ltd. (China)
Author: Anh Quỳnh Lê Updated: 05/04/2023 Views: 49

On the afternoon of April 5, 2023, Standing Vice Chairman of the City People's Committee Ho Ky Minh chaired a meeting with Unitex Wan Guan Technology Co., Ltd. (China). Attending the city side were representatives from the Management Board of Da Nang Hi-Tech Park and Industrial Zones, the Department of Industry and Trade, the Department of Foreign Affairs and the Investment Promotion Agency.


The delegation was led by Mr. Bei Guosheng, Chairman of Unitex Wan Guan Technology Co., Ltd., with the participation of representative leaders of Ningbo Vistart Inteligent Technology Co., Ltd., Intex Industries Co., Ltd. and Vinatech Connect Co., Ltd.

At the meeting, Mr. Bao Hoa, Director of Vinatech Connect Co., Ltd., expressed his sincere thanks to the enthusiastic support of the city's departments, boards and agencies in providing information and support on investment procedures and related issues to promote foreign direct investment projects in the city, especially during the period of travel and entry restrictions due to the COVID-19 epidemic. The investment project of Unitex Wan Guan Technology Co., Ltd. is a case in point where all investment decisions are finalized before the investor arrives in the city.

Standing Vice Chairman of the City People's Committee Ho Ky Minh chaired a meeting with Unitex Wan Guan Technology Co., Ltd. (China)

Mr. Bei Guosheng, Chairman of Unitex Wan Guan Technology Co., Ltd. said, this is the first time he and the business delegation have come to Danang and were impressed with the city's development, people and landscape of the city. He said that "Da Nang is a city with great potential for investment and development", therefore, the Company is expected to increase its investment capital to US$2 million in the near future. At the same time, he also wished the city would continue to accompany and guide the company on investment procedures, relevant policies, regulations and laws. The company commits to fully comply with investment law policies when operating the project in the city.

Standing Vice Chairman of the City People's Committee Ho Ky Minh welcomed Unitex Wan Guan Technology Co., Ltd. to conduct research, explore investment opportunities and establish projects in Da Nang city. He asigned the Management Board of Hi-Tech Parks and Industrial Parks and the Investment Promotion Agency continue to support and accompany the Company in implementing relevant investment procedures.  

Mr. Ho Ky Minh gives presents to Mr. Bei Guosheng

Unitex Wan Guan Technology Co., Ltd. was granted an Investment Registration Certificate by the Management Board of Da Nang Hi-Tech Park and Industrial Zones on December 9, 2022. The Company's project in Da Nang produces electric motors with a project scale of 2,000,000 products/year with a total investment capital of 300,000 USD. The project is located in Hoa Khanh Industrial Park, Lien Chieu district with a usable workshop area of 2,304 sqm.

In the morning of the same day, Unitex Wan Guan Technology Co., Ltd worked and visited Da Nang Port to learn about import and export activities in the city.

 

Unitex Wan Guan Technology Co., Ltd., was established in 2022 in Xiamen city, China, it is a subsidiary of Zhejiang Wanguan Motor company established in 1997 in China with more than 400 employees and 25 automatic and semi-automatic production lines manufacturing of electric motors for industrial machinery and equipment. 50% of products manufactured in Zhejiang Wanguan Motor Company are exported to the US, Europe, Japan and other markets.

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