On December 7, the Management Committee of Lingang New Area signed a strategic cooperation agreement with METTLER TOLEDO Technology (China) Co., Ltd., marking the opening of the first wholly foreign-owned Greater China headquarters in Yangshan Special Comprehensive Free Trade Zone, mettler Toledo Greater China Headquarters. Zhu Zhisong, member of the Standing Committee of the Municipal Party Committee, secretary of the District Party Committee and director of the Management Committee of Lingang New Area, attended the signing ceremony.
It is reported that METTLER TOLEDO China Headquarters will undertake METTLER TOLEDO Group's investment management, operation management, supply chain management, shared service center, market development and sales services in Greater China, covering laboratory balances, process weighing systems, product testing systems, industrial weighing products and other businesses.
It is understood that as early as 2014, Mettler Toledo established an Asia-Pacific logistics distribution center in Yangshan and officially began operation in 2015. Richard Wong, President of METTLER TOLEDO Asia Pacific, said in a video message that METTLER TOLEDO's Asia Pacific Logistics Distribution Center in Yangshan has greatly improved customer satisfaction and contributed to the growth of the Group's business in Asia Pacific and China. "Yangshan Special Comprehensive Free Trade Zone is an expansion and upgrade based on the Yangshan Bonded Port Area, and we believe that international trade will become more convenient and METTLER TOLEDO's business will also benefit from it."
Mettler Toledo China Chairman Luo Qun introduced that METTLER TOLEDO entered China in 1987, and now METTLER TOLEDO China has developed into an important R & D, production and marketing base of the Group.
Lin Guixing, president of mettler Toledo China sales market, said that after mettler Toledo's china headquarters settled in Yangshan, on the basis of the original bonded logistics distribution, it hopes to carry out more business forms such as offshore business and entrepot business, and also hopes to be able to use the talent policy of Lingang to introduce more talents for the company.
Headquartered in Zurich, Switzerland, METTLER TOLEDO is a leading global manufacturer and service provider of precision instruments and scales, and is a S&P index component company listed on the New York Stock Exchange. The company has a history of 120 years, operates around the world, has sales offices in 40 countries and regions, and will achieve a turnover of $3.1 billion in 2020. To date, METTLER TOLEDO has 14 branches in China, with sales in China exceeding RMB 5.4 billion in 2020.
As the only special comprehensive bonded zone among the 163 special customs supervision areas in the country, Yangshan Special Comprehensive Bonded Zone undertakes the task of a larger scope, a wider field and a deeper level of stress testing. At the same time, it also provides a high-quality business environment and special functional support for the headquarters of multinational enterprises.
According to the relevant personnel of the Comprehensive Insurance Department (Shipping Department) of the Management Committee of Lingang New Area, after the metelle Torre China Headquarters Project landed in Lingang, all the trade centers, order management centers and settlement centers in Greater China will all settle in Yangshan Special Comprehensive Bonded Zone, and simultaneously carry out offshore trade, bonded maintenance and other related businesses, which also further improves the functional level of Yangshan Special Comprehensive Bonded Zone.
Responsible Editor Liu Wanxin
Source Pudong Release