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SND welcomes key investments in Q4

(chinadaily.com.cn) | Updated : 2021-12-13

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A total of 66 projects receiving 15.68 billion yuan in investment are signed or start construction in Suzhou Science and Technology Town, Suzhou New District on Dec 11. [Photo/WeChat account: snd-szgxqfb]

Sixty-six projects receiving a total of 15.68 billion yuan ($2.46 billion) in investment were signed or started construction in Suzhou Science and Technology Town, Suzhou New District on Dec 11, local media outlets reported.

A total of 8.93 billion yuan in investments went to 49 projects that were officially agreed upon, and 4.65 billion yuan went to 17 projects that started construction.

The projects involved a variety of emerging industries, including medical equipment, biopharmaceuticals, new-generation information technology, high-end intelligent manufacturing, new materials, and energy.

Many companies are investing in Suzhou Science and Technology Town for the first time, including SSMC, a microelectronics company that will build its regional headquarters for the sealing and testing of integrated circuit products in the town.

Genever, a bio-medicine company, will bring its key product – DNA polymerases. It is the first Chinese company to solve certain problems related to key upstream reagents in the field of biopharmaceuticals and life sciences in China.

Leaf Micro Semiconductor, a company that boasts a research team with nearly 20 years of experience in the development of analog chips, will build its regional headquarters in SND to sharpen its field circuit reconfigurable technology. The company boasts independent intellectual property rights and is one of the few companies in the world to own such technology.

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