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Cao Weidong Met Lu Haiying and others from Suzhou Xinheng

      Cao Weidong, as member of the Standing Committee and the Secretary of the Development Zone Party Working Committee met the team under the leadership of Lu Haiying, the President of Suzhou Xinheng Automation Technology Co., Ltd. on the morning of November 17. Both parties discussed and negotiated cooperation of Full-auto Pharmacy of Traditional Chinese Medicine. Meanwhile, Zhang Xiaohai, a member of the Development Zone Party Working Committee and the Deputy Director of the Management Committee and Li Qiong, the Secretary of the Groups Party Committee accompanied.


Liu Haiying introduced the company history, independent product research and development process, profiting mode and the forward development plan in this meeting. Cao Weidong first expressed their welcome to Xinheng team. Then, both parties had a thorough communication regarding project feasibility and necessary supporting facilities. Cao Weidong fully recognized the project of “Equipment of Full-auto Pharmacy of Traditional Chinese Medicine” and he also declared to incorporate this project into the Development Zone Significant Projects and track it closely.


As a significant project attracted by the Group, Suzhou Xinheng is an advanced supplier of full-atuo traditional Chinese medicine dispending equipment at home. It ever won the title of province-level high-tech enterprise. Equipment independently researched and developed by this company has been granted with 69 national patents and 14 invention patents. Lu Haiying, as the founder and President of the company, was ever rated as a “Technological Leading Talent in Jinji Lake Double-Hundred Talent Plan” in Suzhou Industrial Park.


Both parties have reached a preliminary consensus with regard to investment in this Development Zone at present. It plans to invest RMB 150 million at first, and occupy 120 mu land, to build the largest full-auto pharmacy of traditional Chinese medicine demonstration base in this Development Zone. Once completion, it is beneficial to increasing our talent attraction strength, accelerating upgrading of traditional Chinese medicine industry and further enhancing competiveness of the medical industry in this area. Xinheng will detail the project investment proposal within this month for further deep communication with us.


(Sun Qianhao   Yu Fei   Zhang Ying)