On the morning of March 30,2021, Huanyu Hi-tech Co., Ltd., a joint venture jointly established by Huanyu Group and Eaton Electric Group, one of the world’s top 500 enterprises, held the opening ceremony to formally establish the strategic cooperative relationship between the two sides.
Eaton Electric Group is one of the world’s top 500 enterprises and the world’s top 100 most innovative companies. With advanced modern management experience, rich industry technology precipitation and perfect global distribution network, it is one of the four multinational global medium and low voltage electric companies. As a leading enterprise in China’s low-voltage electrical appliances industry, Huanyu Group has helped a large number of national major projects such as the Yangtze River Three Gorges and Daqing Oilfield since its establishment, and made outstanding contributions to the transformation and upgrading of the electrical industry cluster in our city. Huanyu High-tech, jointly built by the two major electrical groups, will give full play to the global platform technology advantages and the resource advantages of Eaton Electric Group in the future, focus on the production and sales of low-voltage electrical components, and reshape the new pattern of China’s low-voltage electrical market.
Yueqing municipal party committee municipal government adhere to the enterprise as a city “partner”, will always strengthen the real economy, cultivating leading enterprises as strengthen the new, the important way to build new advantages, introduced a support for listed enterprises, equity cooperation, intelligent technical upgrading, headquarters, return, talent attract series of the New Deal, actively build kechuang platform, gather high-end elements, promote the merger, acquisition and reorganization. The electrical industry cluster was recently successfully selected into the list of national advanced manufacturing clusters, and our city was awarded the 6th place in the “Top 100 Future Investment Potential Cities in 2020”.
(Source: Yueqing Science and Technology Bureau)