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The park is officially open! This Fortune 500 company has a big deal in Minhang!

author:Invest in Shanghai

On August 28, Bosch Rexroth Xinzhuang Industrial Park was officially opened, located in Building 2, No. 611 Chunguang Road, which will serve as the main operating place of Bosch Rexroth's new subsidiary, carrying the company's important task of deepening its layout in China.

The park is officially open! This Fortune 500 company has a big deal in Minhang!

It is understood that Bosch Rexroth is an industrial brand of the world's top 500 Bosch Group, and is the world's leading supplier of transmission and control technology. It has 47 production bases, customized processing centers in 21 countries, and a sales and service network in 80 countries around the world. Bosch Rexroth is driving the digital transformation of the factory of the future, pushing the limits of connected hydraulics and building a platform for the future of mobility for mobile machines. In Xinzhuang Industrial Park, Bosch Rexroth has invested in industrial automation projects and hydraulic projects.

The park is officially open! This Fortune 500 company has a big deal in Minhang!

"Over the past 45 years, we have been fortunate to grow together with the Chinese market: from the Qinghai-Tibet Railway to the National Centre for the Performing Arts to FAST Tianyan, we have served our service footprint." Steffen Haack, Global President of Bosch Rexroth, said that facing the future, continuous investment and strengthening of local R&D and production capacity building, and adhering to and deepening the dual localization strategy are the core of Bosch Rexroth's sustainable development strategy in China. That's why Le-AutomatiX for factory automation and Le-HydrauliX for mobile machinery and industrial hydraulius came into being.

The park is officially open! This Fortune 500 company has a big deal in Minhang!

Founded in August 2022 with a registered capital of RMB 100 million, Lucda Bohua Automation (Shanghai) Co., Ltd. is the carrier of Bosch's industrial automation project, aiming to promote the construction of digital factories in China. The main products include control products, linear technology products, assembly technology products, etc., and the target industries cover new energy vehicle related industries, electronic semiconductor industry, medicine and packaging, etc. It is expected that the sales volume will reach 800 million yuan in 2025, and the annual tax payment will be 40 million yuan.

The park is officially open! This Fortune 500 company has a big deal in Minhang!

As a new factory automation brand under Bosch Rexroth, Le-AutomatiX will continue to improve its local independent R&D and technological innovation capabilities, promote local production, and enable German automation products to meet the development needs of thousands of Chinese users with a more efficient and resilient local supply chain. At present, Lucta Bohua has built three product lines: drive and motion control, linear transmission and magnetic levitation flexible conveyor system, aiming to provide innovative product experience covering the entire automation value chain with competitive forward-looking technology and agile services.

The park is officially open! This Fortune 500 company has a big deal in Minhang!

In September 2021, Lezhuo Hydraulics entered the stage of China's hydraulic market and began a journey of leapfrog development. After more than one year of rapid development, on December 8, 2022, Bosch Rexroth and Weifu Hi-Tech Group jointly invested, and Lezhuo Powerway Hydraulic Technology (Shanghai) Co., Ltd. was officially established with a registered capital of 440 million yuan, which is the carrier of Bosch hydraulic projects. The company relies on the advantages of Bosch Rexroth hydraulic technology and the cost advantages of Chinese partners to help China's industrial foundation projects. The main products include mobile hydraulic products, industrial hydraulic products, etc. It is expected that sales will reach RMB 1.4 billion in 2025 and an annual new tax payment of RMB 120 million.

The park is officially open! This Fortune 500 company has a big deal in Minhang!

"Bosch is a firm global company that firmly supports the development of China, we will deeply cultivate the Chinese market, we will unswervingly invest in China, and the Bosch China team fully regards China as a business to strive in its own market." Chen Yudong, President of Bosch China, said that Bosch China is rooted in the local area, serves the local area, and will continue to invest in R&D, continuous product investment, and continuous employee investment, and Bosch's development in China will continue.

Li Rui, deputy mayor of Minhang District, attended the opening ceremony.

Source: Minhang Today

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