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Home> News Center> CEO Zhou Yuxian Surveys Investment Projects in Europe

CEO Zhou Yuxian Surveys Investment Projects in Europe

During his attendance at “The Fourth Europe Forum” jointly organized by CNIC Corporation, China Europe International Business School (CEIBS) and Chinese Chamber of Commerce in Germany (CHKD), CEO Zhou Yuxian surveyed some of the investment projects and production facilities in Europe and communicated with their managements.
 
 
On the morning of July 17, 2018, Mr. Zhou visited KraussMaffei’s headquarter and workshops in the city of Munich, Germany.
 
KraussMaffei’s core managements,  including Dr. Frank Stieler (CEO) and Dr. Harald Nippel (CFO), briefed Mr. Zhou on the business of KraussMaffei, the progress of its capital operation in China’s A-shares market, and its integration with three Chinese rubber and plastic machinery companies under ChemChina. Mr. Zhou expressed support for the leadership’s proposal of overseas rubber and plastic machinery M&A projects, and noted that CNIC was to actively play its role as a shareholder to facilitate KraussMaffei’s capital operation in the A-shares market and its business integration and development in China.
 
 
During the visit, Mr. Zhou was accompanied by CNIC’s company supervisor Wang Jingsu, and CFO Dai Yusi, Liu Donghai, General Manager of the Investment Banking and Asset Management Department of the Head Office of the Bank of China, and employees from CNIC’s  Investment Department II and Finance Department.
 
On the afternoon of July 19, Mr. Zhou, together with Wang Jiwu, Chairman of TusHoldings, inspected the TusPark Cambridge in the City of Cambridge, UK and attended its opening ceremony.
 
 
The TusPark Cambridge is the first technology park outside China jointly funded by CNIC and TusHoldings. It covers an area of about 153,333 m2, with nearly 40,000 m2 of buildings. The R&D buildings for life technology and digital technology in the park have been delivered and put into use and have welcomed their first batch of residents. Other parts of the park such as the Life Technology Innovation Center, R&D Center and China-UK Life Technology Company Clustering Center are still under construction. Relying upon the advantages of the University of Cambridge (UoC) and Tsinghua University in talent, research, innovation and information, TusPark Cambridge will focus on cultivating and supporting innovation-oriented businesses in emerging fields such as life technology, high-end manufacturing and information technology by providing superior science and technology services. With these efforts, the TusPark Cambridge commits itself to growing into an R&D, incubation and innovation base for technology companies in the Cambridge region and the whole of the UK and promote connection and cooperation between Chinese companies and market with UoC and UK companies.
 
Mr. Zhou attended the opening ceremony of the TusPark Cambridge, which was presided over by Sir Greg Winter, President of Trinity College, Cambridge. Sir Greg stressed that the park will be dedicated to providing innovative solutions for unsolved key problems around the globe. Other attendees included Julie Spence, Special Envoy of Her Majesty the Queen of the UK, Ma Hui, Minister of the Chinese Embassy in the UK, Jiang Sunan, Minister Counselor of the Chinese Embassy in the UK, David Sheppard, Head of the Department for International Trade (DIT) Asia Division, Dr.  Andy Harter, High Sheriff of Cambridgeshire, Wang Yan, member of the Standing Party Committee of Tsinghua University and Vice Chairman of Tsinghua University Alumni Association, as well as Wang Jiwu, Chairman of TusHoldings. Before the ceremony, Mr. Zhou briefed Minister Ma Hui and Counselor Jiang Sunan on how CNIC has supported Chinese companies to “go global” and its UK projects.
 
 
Mr. Zhou also held discussions and reached an in-depth consensus with leaders from Tsinghua University, Trinity College Cambridge and TusHoldings on joint development of education industry resources.
 
CNIC’s CIO Pan Genping, and employees from  CNIC’s relevent departments also participated in the survey and ceremony.