On the afternoon of November 10, under the witness of InvestCHN, KIS GmbH & Co. KG signed an investment agreement with Changxing Economic and Technological Development Zone Administrative Committee. KIS Bearings was founded in 1988 and is headquartered in Dortmund, Germany. It has been 30 years since its development, and KIS branches and agents are distributed all over the world.

  Weixin Wang, Changxing Member of the Standing Committee and Secretary of the Party Committee of the National Development Zone expressed that KIS as one of the biggest bearing suppliers, especially in the field on needle roller bearings the company is a global leader, which is inseparable from the company’s working attitude. KIS as the first of foreign bearing suppliers will definitely contribute to the development of Changxing. Changxin National Development Zone will provide the best quality hardware and software conditions to KIS to make sure the project will successful settled and develop in Changxin National Development Zone.

  Hans-Georg Kohlhaas, the Founder of KIS GmbH & Co.KG expressed that it was not just the great views of Changxing that led him to invest factory in Changxing, which the great geographical location and more importantly the diligent and enterprising spirit of Changxing people inspired him. he believes that Changxing must be a new starting point for KIS and have confidence on development company in Changxing.

Participants

  InvestCHN: Chase Wu, Founder

  KIS GmbH & Co. KG: Hans-Georg Kohlhaas, Founder and Group Chairman; Tim Kohlhass, Group Vice Chairman and CEO; Lei Yuan, General Manager in China region; Hao Jiang, Deputy General Manager in China

  Changxing County Committee: Weixin Wang, Member of the Standing Committee and Secretary of the Party Committee of the National Development Zone

  Changxing Economic and Technological Development Zone: Shaohua Zhang, Deputy Secretary of CPC Committee and Executive Deputy Director of Administrative Committee; Jieping He, Member of the Party Committee and Vice Director of the Management Committee

Company Background

  KIS Bearings was founded in 1988 and is headquartered in Dortmund, Germany. It has been 30 years since its development, and KIS branches and agents are distributed all over the world. The company is committed to providing customers with German-quality bearings and sustainable development solutions for the bearing application industry. It has grown from a company with only two founders to one of the largest and most efficient bearing suppliers in Europe. KIS bearing products are widely used in engineering machinery, ports, mining, metallurgy, ships, plastics and other fields.