Bosch Group invests more than 540 million euros in Jiangsu


On February 1, 2007, the Nanjing-Jiangsu Provincial Government and Bosch organized the "Bosch Day" event in Jiangsu Province to celebrate the 23-year partnership between the two parties.

More than 400 people attended the meeting. Government officials at all levels, including leaders of Jiangsu Province, as well as representatives from the local industrial and commercial circles and enterprises conducted in-depth discussions on future cooperation areas. All business divisions of the Bosch Group, including power tools, home appliances, industrial technology, thermal technology, security systems, gasoline systems, diesel systems, chassis control systems and automotive electronics, participated in this event and exhibited globally. Leading industrial scientific and technological achievements.

“After 23 years of close and fruitful cooperation, we have maintained a friendly relationship with Jiangsu Province.” Kong Lude, Director of Bosch Group and Head of Asia Pacific Affairs, said, “Bosch's products and industrial solutions will continue to support local And even China’s efforts in environmental protection, energy conservation, road safety, and economic development.”

“Since the 1990s, the cooperation between Bosch and Jiangsu Province has grown rapidly, and Jiangsu has become the core area for Bosch's investment in China.” said Zhao Kezhi, executive deputy governor of the Jiangsu Provincial Government. “The Bosch company has dealt with Areas such as automotive technology, industrial technology, consumer products, and building intelligent technology are also areas that the province has focused on during the 11th Five-Year Plan period. Therefore, in the new round of opening up to the outside world in Jiangsu, cooperation between the two sides is promising. The Jiangsu Provincial Government will support Bosch has made greater progress in Jiangsu and will continue to provide quality and efficient services to domestic and foreign investors, including Bosch, to create a competitive investment environment and achieve complementary advantages and mutual benefits."

Year-long win-win cooperation to strengthen partnership between the two parties

The cooperation between Bosch and Jiangsu began in the early 1980s. In 1984, Bosch signed the first technology licensing agreement with Weifu Group in Wuxi, unveiling the long-term cooperation between Bosch and Jiangsu Province.

As of today, Bosch has invested more than 540 million euros in Jiangsu Province; in 2006 alone, Bosch invested 80 million euros in Jiangsu. Bosch has established five large-scale automotive technology factories in Jiangsu. In Nanjing, Bosch opened a spark plug and steering system factory; in Wuxi, Bosch established a diesel technology center and a gasoline engine injection system plant, while the Wuxi Diesel Technology Center is one of the largest investment projects outside Bosch Group in Germany; in Suzhou, Bosch Chassis Systems and Automotive Electronics Factory were established; Bosch Rexroth, which is engaged in the business of the industrial sector in the Bosch Group, built an important production facility in Changzhou. In the area of ​​consumer electronics and building technology, Bossi Home Appliances has established factories in Nanjing and Wuxi. At present, Bosch has more than 6,500 employees in Jiangsu.

Industry Leading Technology Helps Jiangsu Economic Development

For more than 20 years, Bosch is committed to providing innovative products and solutions that support the development of Jiangsu and China. At the same time, Bosch has always regarded environmental protection and energy conservation as its long-term basis for business development. Bosch's "3S" principle (safety, cleanliness, economy) is consistent with China's goal of building an environment-friendly, resource-saving society in the eleventh five-year plan.

In April 2005, Bosch established a technology center in Suzhou, which has more than 200 R&D personnel engaged in comprehensive parts and system testing to promote road safety technologies. In 2005, Bosch's Wuxi plant began production of a high-efficiency diesel common rail system and was engaged in the production and development of advanced diesel systems. More than 300 engineers at the Wuxi Technology Center worked hard to make the diesel engine more environmentally friendly and more suitable for the Chinese market.

R&D investment promotes the cultivation of local talent

Bosch's local talent development work centers on the R&D institutions in Wuxi and Suzhou. In addition, Bosch also cooperates with domestic famous universities in joint research and development, and opens Bosch training courses to provide scholarships and internship opportunities. At the same time, Bosch cooperated with technical colleges in Wuxi to formulate special training programs and organized two courses each year to provide students with opportunities for mechanical engineering training.

The reciprocal cooperation relationship with Jiangsu is the key to Bosch's success in the region; Bosch's contribution to Jiangsu's economy has been recognized by all parties. Based on the win-win cooperation partnership, Bosch strives to achieve sustainable development in the future together with the region.

Mr. Peng Deyuan, President of Bosch (China) Investment Co., Ltd., spoke highly of the support of the Jiangsu Provincial Government over the past 23 years: “Jiangsu Province ranks among the top in China in terms of infrastructure and personnel quality. Cities that conduct business in Bosch The local government has provided excellent service and support.” He also said: “The support and success achieved in Jiangsu confirms that our plan to include Jiangsu as one of the provinces with more investment is correct.”

About Bosch Group

The Bosch Group is the world's leading manufacturer of automotive technology, industrial technology, consumer products and building intelligent technology. In fiscal 2005, Bosch's 251,000 employees generated sales of 41.5 billion euros. From the development of a "precision machinery and electrical engineering workshop" built in Stuttgart in 1886 by Robert Bosch (1861-1942), Bosch currently has a manufacturing, sales and after-sales service network in more than 140 countries around the world, about 280 Branch offices and 13,000 service centers.

About Bosch China

The Bosch Group opened its first trade office in China in 1909 and the first car service workshop in Shanghai in 1926. Today, all business units of the Group have settled in China: automotive technology, industrial technology, consumer products and building intelligent technology. Through Bosch (China) Investment Co., Ltd., the Group operates 14 subsidiaries, 6 joint ventures and 6 trading companies in China. In 2005, Bosch’s combined sales in China reached 1 billion euros. As of 2005, total investment in China was approximately 620 million euros. From 2006 to 2008, Bosch plans to reinvest 620 million euros. More than 14,000 Chinese employees are dedicated to providing Chinese customers with the most advanced technology and the most reliable services to improve the quality of people's lives.



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