A new plant in Qingdao, in which auto supplier company Continental has invested, has been relocated and reopened in the Sino-German Ecopark.
With a total investment of approximately RMB 240 million (around 30 million Euros) and an area of approximately 84,000 sqm, the new plant in Qingdao provides high quality hose products and mobile fluid system solutions for passenger cars and commercial vehicles.
The new plant is also committed to integrating global resources and capabilities to facilitate structural upgrade for China’s local automotive industry and regional economic development based on the needs of the country’s automotive market.
[Read more…] about Continental moves Qingdao investment to Sino-German Ecopark