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Location Daily: Baidu Car Beijing Headquarters settled in Yizhuang; Midea's e-commerce headquarters settled in Hangzhou

Location Daily: Baidu Car Beijing Headquarters settled in Yizhuang; Midea's e-commerce headquarters settled in Hangzhou
Location Daily: Baidu Car Beijing Headquarters settled in Yizhuang; Midea's e-commerce headquarters settled in Hangzhou

Baidu Car Beijing headquarters settled in Yizhuang

Jidu Technology Co., Ltd., jointly established by Baidu and Geely, officially settled in Beijing Economic and Technological Development Zone (i.e., "Yizhuang"), injecting 2 billion yuan, which will be another new car-making company that has settled in Yizhuang after Xiaomi Automobile. In addition to setting up a company in Beijing, Jidu Automobile has also been heavily settled in Shanghai, and a large number of employees have been in place. (via Global Times)

Midea's e-commerce headquarters settled in Hangzhou

Hangzhou Yuhang District added another e-commerce headquarters, Midea Group announced that it has officially settled its e-commerce headquarters in Yuhang District, Hangzhou, which will be another e-commerce headquarters in Yuhang District after ByteDance and DingTalk headquarters settled in Yuhang District. (via China Youth Daily)

Huaqin Technology Automotive Electronics R&D Headquarters settled in Lingang

The global intelligent hardware platform "Huaqin Technology" announced that it has officially settled the automotive electronics R&D headquarters and intelligent manufacturing base in Shanghai Lingang, with a total investment of 3.7 billion yuan, and the construction content includes R&D centers, office buildings, production bases, etc., covering a total area of 232 acres, and can achieve annual revenue of more than 14 billion yuan after the completion of the project. (via Pudong Times)

Tianneng Holdings battery recycling factory settled in Yancheng

In order to cope with the development needs of the market, Tianneng Holding Group announced that it will invest 3 billion yuan in Yancheng to build a battery recycling plant, which will be built in two phases, and can dispose of 100,000 tons of waste lithium batteries after the completion of the project. (via The Paper)

Hebei Artificial Intelligence Computing Center settled in Langfang

The Hebei Artificial Intelligence Computing Center, invested and constructed by Huawei, has officially settled in Langfang City, and the establishment of the center will be the only artificial intelligence computing center in the Beijing-Tianjin-Hebei region, with a total investment of 590 million yuan. (via Langfang Daily)

Huayang Xinneng Sodium Battery Base settled in Yangquan

The sodium battery base jointly invested and built by Shanxi Huayang Group Xinneng Co., Ltd., Beijing Zhongke HaiNa Technology Co., Ltd. and Yangquan Kaiyuan Asset Management Co., Ltd. was officially settled in Yangquan, Shanxi, with a total investment of 280 million yuan. (via Sinochem Xinnet)

Foxconn's chip factory landed in India

Foxconn announced that it has officially landed a chip factory in India and cooperated with a local Indian company "Natural Resources Group Vedanta" to jointly invest $118.7 million to jointly build the plant and establish a joint venture. (via Sina Technology)

The Audi PPE high-end electric vehicle factory project began construction

With a total investment of 30 billion yuan and an area of 2.46 million square meters, the Audi PPE high-end electric vehicle factory project officially started construction in Changchun, including the automobile production process workshop and control center, training center, etc., with a total construction period of 2 years, which will be used to produce three pure electric vehicle models after the completion of the factory. (via Pacific Auto Network)

The industrialization project of lithium-ion battery materials with an annual output of 200,000 tons was put into operation

Invested and built by the titanium dioxide giant "Longbai Group", the industrialization project with an annual output of 200,000 tons of lithium-ion battery materials was officially completed and put into production in Henan, and has been trial production, and the commissioning of the project will lay the foundation for the development and production of new energy battery positive and negative electrode materials. (via Securities Times)

Location Daily: Baidu Car Beijing Headquarters settled in Yizhuang; Midea's e-commerce headquarters settled in Hangzhou

Didi's full-line business will cut 20% of its workforce

Didi Chuxing, a once large online car giant, because the application was taken off the line for more than half a year, the order volume continued to decrease, pulling new difficulties, in order to reduce expenses, it wanted to lay off 20% of employees, in order to cut costs. (via Interface News)

Location Daily: Baidu Car Beijing Headquarters settled in Yizhuang; Midea's e-commerce headquarters settled in Hangzhou

The headquarters of foreign enterprises will be rewarded with a maximum of 3 million yuan

In order to encourage high-quality listed companies and enterprise headquarters in other places to settle down, Shijiazhuang issued "Several Measures on Supporting the Modern Commercial and Trade Logistics Industry to Become Bigger and Stronger", which proposes that the headquarters of foreign enterprises moving into Shijiazhuang will be rewarded according to the total investment in fixed assets, up to 3 million yuan. (via Hebei Daily)

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