Jutze Technology recently signs an agreement with Suzhou New District to set up a manufacturing and research and development center. [Photo/WeChat account: snd-szgxqfb]
Jutze Technology, with over 10 years' experience of technical and market applications, recently signed an agreement with Suzhou New District to set up a manufacturing and research and development (R&D) center there.
The project, which is expected to be put into operation in 2023, has a registered capital of 150 million yuan ($22.7 million) and a total planned investment of 600 million yuan. It is expected to generate annual sales of 1 billion yuan by 2025.
The project mainly focuses on manufacturing machine vision equipment, high-end automated production equipment and related software, and integrated control units and cable components.
Jutze Technology was founded in 2007 and officially listed on the Shenzhen Stock Exchange in November 2019. Its businesses cover the R&D, manufacturing and sales of intelligent devices and components, with its products being applied to industries such as electronic information manufacturing, industrial control, computerize financial, new energy, and food packaging. The company is also an important supplier to renowned domestic and foreign brands such as Apple, Huawei, Xiaomi, OPPO, and VIVO.
