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High-tech Accelerate the Development of Fengpu Industrial Park
Recently Shanghai Fengpu Industrial Park and Asia Telco have reached the agreement that Asia Telco will join in the big family of Shanghai Fengpu Industrial Park. Asia Telco plans to set up a manufacture basement in Shanghai Fengpu Industrial Park. The area of the manufacture basement will be 15 arcs. The total investment will be 50 million and the output will be 150 million.
In the past 5 years, Asia Telco has achieved the growth by 30%. Now Asia Telco has predominated the details of the LTE technology—the key technology of 4G in the field of communication. Now Asia Telco is the Chinese partner of Alcatel-Lucent. Various advantages help the Asia Telco get the investment of IDG—one of the famous venture capitals. The investment of IDG shows that Asia Telco has the characteristic of high growth. At present, Asia Telco has taken ZTE and Huawei as examples, aiming at being the third international communication company in China.
Mr. Ding Junming, the President of Asia Telco, said that Shanghai Fengpu Industrial Park has advantageous investing environment and it will guarantee the future development of Asia Telco. After set up manufacture workshop in Fengxian, Asia Telco will try to exchange its share in the stock market.
The new family member—Asia Telco in Shanghai Fengpu Industrial Park shows the constant business principle of our industrial park: All the enterprises in our industrial park have their own technology and core-competitiveness. Shanghai Fengpu Industrial Park will always implement this principle and grow with the customers.
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