news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

According to Henan News, on July 22,The Henan Provincial People's Government and Foxconn Technology Group signed a strategic cooperation agreement in Zhengzhou. Lou Yangsheng, Secretary of the Provincial Party Committee, attended the signing ceremony and witnessed the signing of the cooperation agreement. Wang Kai, Governor of Henan Province, and Liu Yangwei, Chairman of Foxconn Technology Group, signed the agreement on behalf of both parties.

Wang Kai, on behalf of the provincial party committee and the provincial government, welcomed Liu Yangwei and his delegation to Henan. He said that Henan has kept in mind General Secretary Xi Jinping's earnest instructions to "strive to be the best and be more outstanding", anchored the "two guarantees", continued to implement the "ten strategies", promoted the "ten constructions", and continued to work hard to stabilize growth, transform modes, benefit people's livelihood, and prevent risks. The economic operation has shown a stable and continuous improvement, providing a broad development space for enterprises.

Wang Kai said that in recent years, the Henan Provincial Party Committee and the Provincial Government have attached great importance to Foxconn's development in Henan, and the strategic cooperation between the two sides has continued to deepen. The signing of this agreement marks that the cooperation between the two sides has entered a new stage.We hope Foxconn will remain confident in investing in Henan, focus on cultivating new industries and developing new technologies, accelerate the construction of signed projects and achieve results as soon as possible, sign contracts and start construction of projects under discussion as soon as possible, and jointly build a high-end manufacturing industry chain and a strategic emerging industry ecosystem.Further expand the industrial layout in Henan, promote the agglomeration and development of various industrial sectors, constantly open up new fields and new tracks, accelerate product iteration and upgrading, and build a complete industrial ecology. Henan will focus on building a normalized docking mechanism, strengthen all-round service guarantees, and create a better environment for the development of Taiwanese enterprises in Henan.

The Henan Provincial People's Government and Foxconn Technology Group signed a strategic cooperation agreement in Zhengzhou. The picture shows the Foxconn logo (Photo source: Photo taken by Kong Zesi, a reporter from China Business Network)

Liu Yangwei thanked the Henan Provincial Party Committee and the Provincial Government for their strong support for Foxconn. He said that Henan has a good industrial foundation, rich talent resources, obvious open advantages, and broad development space. Foxconn attaches great importance to cooperation with Henan and will continue to take root in Henan and deepen cooperation in new technologies, new fields, and new tracks to contribute more to the construction of a modern Henan.

Wang Kai also attended theFoxconn's new business series investment projects were launched and the groundbreaking ceremony for the new energy vehicle pilot production center was held.

The picture shows Wang Kai's profile picture. He expressed the hope that Foxconn would remain confident in investing in Henan.

According to Dahe Financial Cube, Foxconn is closely related to the foreign trade of Zhengzhou and even Henan.

In the first quarter of this year, Henan Province's foreign trade data was released, and the import and export volume decreased compared with the same period last year. An industry insider analyzed that the fourth quarter of 2022 is the traditional peak season for Foxconn's production in Zhengzhou.However, due to the impact of the epidemic, many orders in this quarter were postponed to the first quarter of 2023 for concentrated production and shipment, forming a historical peak in Foxconn's import and export data in Henan. This special situation has a greater impact on the downward trend in the same period of 2024."Due to special circumstances, the 'high value' of foreign trade in the first quarter of 2023 will have a downward impact on the same period in 2024," the industry insider analyzed.

At the same time, according to past practices, the first half of the year is often the traditional off-season for the consumer electronics industry. In the second half of the year, with the release of new products and batch shipments by brand mobile phone manufacturers, import and export data will gradually rise.

In 2023, the output value of Foxconn Zhengzhou Technology Park reached a new high, achieving "twelfth consecutive increase".

On April 25, 2023, Foxconn's new business headquarters was unveiled in ZhengzhouFoxconn said it will continue to deepen its roots in Henan, accelerate the implementation of the "3+3" transformation and development strategy (the three emerging industries of "electric vehicles, digital health, and robots" and the three new technology fields of "artificial intelligence, semiconductors, and new generation mobile communications"), and build Foxconn's new business headquarters into a core base and important benchmark for Foxconn's global innovation and industrial layout. Foxconn's development in Henan has reached a new level.

On April 25, 2023, Foxconn's new business headquarters was unveiled in Zhengzhou (Photo source: Henan Daily)

On June 16, 2023, Foxconn New Business Development Group Co., Ltd. was established with a registered capital of 1 billion yuan. It will coordinate the development of new industries including new energy vehicles and batteries.

On January 4, 2024, Henan Foxconn New Energy Vehicle Industry Development Company was established with a registered capital of 500 million yuan. The company will further focus on the new energy vehicle industry and accelerate the implementation of projects.

On May 11, 2024, the Zhongyuan Intelligent Manufacturing Research Institute was established, focusing on automated robots.

Daily Economic News is compiled from Henan News and Dahe Financial Cube

related news

Foxconn will invest in a new headquarters building in Zhengzhou with a total investment of about 1 billion yuan

Cailianshe reported on July 24 that Hon Hai announced that its subsidiary Foxconn Technology Group signed a strategic cooperation agreement with the Henan Provincial Government. According to the agreement, Foxconn will invest in the construction of a new business headquarters building in Zhengzhou to host the functions of the new business headquarters.

The first phase of the project is located in Zhengdong New District, with a construction area of ​​about 700 mu and a total investment of about RMB 1 billion. It will mainly build seven centers, including the headquarters management center, R&D center and engineering center, strategic industry development center, strategic industry financial platform, industry research institute and key talent center, marketing center, and supply chain management center. At the same time, around the implementation of the 3+3 strategy, Foxconn will focus on the layout of electric vehicle trial production center, solid-state battery and other projects in Zhengzhou Airport Economic Comprehensive Experimental Zone.