Joint projects tie Foshan and German manufacturing industry
Ou Bangmin gives a present to the CEO of KUKA Group Till Rowett. (Foshan Daily/ Huang Caiwen)
A roadshow named "Discover Shunde, Global Roadshow” was organized on April 25 in the Hannover Fair. During the event, Fang Hongbo, CEO of Midea, made the first announcement after the enterprise’s acquisition of KUKA, the famous German robot company.
“The sales revenue of KUKA rose 20 percent in the first quarter after we became the major shareholder,” said Fang Hongbo. He was wearing an orange tie in the roadshow as orange is the iconic color of KUKA, his new German partner.
“We have various experience cooperating with world’s leading enterprises as Carrier, Toshiba and Servotronix,” said Fang Hongbo, “with our local resources, KUKA could rapidly expand its market in China and enhance its leading position in the global stage. While China’s enterprises could gain important tech-support in the fields as robotics and automation.”