The investment and financing department of our hospital and the relevant person in charge of the retarder office visited Zhejiang Ruili Group.

On September 5, 2018, at the invitation of Zhejiang Ruili Group, Woodmin, vice president of Tianjin High-end equipment Research Institute (hereinafter referred to as "High-end Institute") of Tsinghua University, Li Desheng, director of Advanced Automobile Retarder Institute (hereinafter referred to as "Retarder Institute") and other responsible persons visited Ruili Group in Ruian City, Zhejiang Province, and had in-depth exchanges with Jiang Weirong, deputy general manager of Ruili Group. Ider, Vice Minister of Investment and Financing Department of High-end Institute, and Liu Zenggang, Deputy Director of Retarder Institute, accompanied the visit.

Photo by Yu Ruili Group

During the exchange, Jiang Weirong introduced in detail the development of Zhejiang Ruili Group since its establishment in 1987. After more than 30 years of hard work, Ruili Group has developed from a small enterprise with automobile and motorcycle modification to a comprehensive large-scale manufacturing group including braking, steering, automotive electronics and new energy auto parts.

At the symposium, Woodman introduced the background and development of the high-end institute. Ider introduced in detail the industrialization policy of the high-end institute and the scientific research achievements currently promoting industrialization. Li Desheng made a specific explanation on the advanced retarder technology developed by the institute and the progress of industrialization, and the two sides had in-depth communication and exchange on retarder technology and areas of interest.

After the meeting, Woodman and his party were invited to the production workshop of Ruili Group to visit the production process of key parts of retarder and ABS brake, and invited the other party to visit our hospital.

Through this exchange, the two sides have enhanced their understanding of each other. In the future, they will further carry out in-depth industrial cooperation in the automotive industry, energy conservation and environmental protection, industrial automation and other technologies to achieve common development and mutual benefit.

ruili group profile:

Ruili Group, founded in 1987, is a modern enterprise specializing in the production and sales of auto parts and rail vehicle parts. In July 2004, it was successfully listed on NASDAQ in the United States, which pioneered the overseas listing of Wenzhou private enterprises. Ruili has developed into a leader in China's commercial vehicle pneumatic brake system, and participated in the drafting and formulation of a number of national standards, national military standards and industry standards. Ruili mainly develops and produces automotive air brake systems, hydraulic brake systems, steering systems, automotive electronic control, automotive electrical appliances, new energy auto parts and other products. Products are exported to more than 100 countries and regions.

Investment and Financing Department Report/Idle.