The Investment in the construction of R&D and manufacturing base in Southwest China (Xindu) by New United Group
Founded in 2002, New United Group is a private joint-stock enterprise, engaging in the six core businesses of rail transit, new energy, numerical control equipment, modern logistics, office equipment and aerospace. It has over 4,000 staff and RMB 8 billion assets in total.
The project in Xindu is planned to take an investment of RMB 8 hundred million and cover an area of 190 mu to build the R&D and manufacturing base in Southwest China. The R&D and manufacturing project is divided into two phases. The first phase mainly covers train traction system, signal control system, vehicle wireless charging system, A/C and gearbox system; the second phase mainly includes aviation parts and 3C electronics.