Source: China Economic Network
China Economic Network November 7, 2011 On the afternoon of November 6, in the centralized signing activity organized by the General Technology Group of the Fourth Ciie Expo, the emerging company signed a letter of intent for cooperation in health technology business in 2022, with a procurement amount of 400 million US dollars, and the amount of procurement intention exceeded the amount signed at the third CIIE, setting a large order for small household appliances in the SASAC system at the Expo.
General Technology Group Emerging Company signed a letter of intent with Philips (China) Co., Ltd
Zhang Jian, chairman of the board of directors and secretary of the party committee of the emerging company, said that since the first EXPO was held, the emerging company has participated in four consecutive sessions, and from the second session, it has signed a contract at the Expo site for 3 consecutive years, with a cumulative signing amount of 900 million US dollars, and the open market has been welcomed by foreign investors, and it has also provided Chinese consumers with high-quality products that are constantly upgrading and iterating.
At this Expo, the emerging company of General Technology Group and Philips (China) Investment Co., Ltd. reached a procurement cooperation in the field of healthy life, and successfully signed a letter of intent for cooperation in health technology business in 2022, with a procurement amount of 400 million US dollars, an increase of 33% over last year, a record high, and a large order for small household appliances of state-owned systems at the fourth Expo.
Zhang Jian said: "The Expo provides us with an opportunity to buy global goodies, compared with last year, the procurement agreement signed by the emerging company of General Technology Group with Philips this year has two obvious changes." First, our shopping cart has become larger, the purchase amount has increased by $100 million from last year, and the scale and scope of cooperation have expanded. Second, the number of products in the shopping cart has increased, adding daily chemical products such as toothpaste and mouthwash on the basis of the original cooperative category (electric toothbrush), as well as men's grooming products such as razors, helping us better serve the escalating Chinese consumer market. ”
In the future cooperation, GM Technology Group Emerging Company and Philips will continue to rely on the e-commerce platform, respectively, give full play to channel advantages and product advantages, create a healthy and high-quality life for Chinese consumers, and work together to promote the continuous growth of sales in the Chinese market. (Zhou Yuning, Wang Junjie/Wen General Technology Group Emerging Company/Courtesy Photo)