On October 31, under the witness by InvestCHN, Zugs Economy Project sign an investment agreement with Changxing National Level Economic & Technological Development Zone. Zugs GmbH founded in 1857 based in Cologne, The Zugs series brand products have been established since the beginning.

  Weixin Wang, Changxing County Standing Committee of China Standing Committee & National Development Party Committee Secretary, expressed that Zugs GmbH chose to invest in Chnaxin, Changxing National Development Zone will provide Zugs GmbH with the best software and hardware conditions to ensure the project can smooth landing and develop in Changxing National Development Zone.

  Luis Trenker, Sales Director in China of Zugs GmbH expressed that Changxing will be a new starting point for Zugs GmbH and he is confident with Iprotex GmbH development in Changxing.

  Participants

  InvestCHN: Chase Wu, Founder

  Zugs GmbH: Luis Trenker, Sales Director of China

  Huzhou Standing Committee of China: Xiaohui Ma, Secretary

  Huzhou Municipal People's government: Genbao Shi, Vice Mayor

  Changxing County Standing Committee of China: Weibing Zhou, Secretary; Weixin Wang, Standing Committee & National Development Party Committee Secretary

  Changxing County People's government: Yiting Shi, Vice Secretary of County party committee & County Magistrate

  Changxing National Level Economic & Technological Development Area: Yu Zhang, Vice Secretary of the Party Committee & Management Committee Director; Shaohua Zhang, Vice Secretary of the Party Committee & Vice standing Management Committee Director; JiePing He, Party Committee & Vice Secretary of the Standing Committee

  Changxing County business bureau: Yiyuan Zhu, Director; Yongquan Qian, Secretary of the Party Committee

  Company Background

  Zugs GmbH founded in 1857 based in Cologne, Germany. Since the beginning the Zugs series products have focused on mold processing and customer customisation through three modes, focus on the production of drainage systems by following the German production standards and develop produces. Currently, there are more than 3000 existing mature product models, which can be widely superimposed on office buildings, school, hospitals, supermarkets, star hotels, resorts, theatres, exhibition halls, railway stations, airports and other public buildings and villas, apartments, private residences etc.