On the morning of September 11, under the witness of InvestCHN, PI GmbH & Co.KG signed an investment agreement with the Jiangsu Changzhou Economic Development Zone Administrative Committee. PI GmbH &Co.KG founded in 1970, the company is a world-leading global solution provider of high-precision positioning displacement systems and measurement systems with the highest industry capability. Its products and technologies are used in high-end applications such as semiconductor manufacturing and inspection, high-precision industrial manufacturing, optical alignment and metrology, microscopy and life sciences, astronomy and aerospace research.

  At the signing ceremony, Director of the Jiangsu Changzhou Economic Development Zone Administrative Committee, Yongqiang Zhou said that in recent years, the economic zone has insisted on deepening the German market and continuously expanding the “friend circle” of German-funded enterprises, which has won the recognition and favor of many German investors. This year, global industry champions such as Bifeisa and Gerresheimer have set sail in Changzhou Economic Development Zone. The economic zone will always uphold the concept of appreciating, approaching and supporting investors, continue to carry forward the spirit of “Dian Xiaoer (Waiter)”, actively cooperate and support PI GmbH &Co.KG to promote project construction with high standards, high quality and high efficiency in accordance with the established investment plan and time schedule, and jointly build the project into the industrial benchmark and model project in the economic zone.

  Markus, Vice chairman and CEO of PI GmbH &Co.KG, first expressed his gratitude to Changzhou Economic Development Zone and InvestCHN. Markus said that PI GmbH &Co.KG is a global leader in micro-nano positioning. Taking root in the fetile land of Changzhou Economic Development Zone and building a production base that meets the Chinese market is very strategic for PI GmbH &Co.KG. PI GmbH &Co.KG will actively complete the goal of 20 million euros in the first year, further expand production in the future, and express confidence in the future development.

  Founder of InvestCHN Chase Wu said that the smooth settlement of PI GmbH &Co.KG is the result of the joint efforts of the three parties (PI GmbH &Co.KG, Changzhou Economic Development Zone and InvestCHN). It is the most intuitive manifestation of InvestCHN's referral projects' quality and service capabilities. InvestCHN is committed to building a bridge between high-quality foreign businessmen and development zones. The original intention of “Building an Online National Development Zone and committing to China's investment promotion” will be consistent and develop.

Participants

  InvestCHN: Chase Wu, Founder

  Germany PI GmbH & Co. KG: Markus Spanner, Vice chairman and CEO; Xianbin Zhao, Group Director and Group Chairman in China region; Leong SC, Senior Executive & Strategic Initiatives

  Changzhou Economic Development Zone of Jiangsu Province: Yongqiang Zhou, Vice Secretary of CPC Working Committee and Director of Administrative Committee; Xujiang Feng, Deputy Director of Administrative Committee; He Yao, Director of Investment Promotion Bureau

  Changzhou Economic Development Zone (Lucheng Sub-district) of Jiangsu Province: Wenming Zhao, Secretary of CPC Working Committee and Secretary of CPC Working Committee of the Qishuyan Rail Transit Industrial Park

  Other related participants or staffs: the main leaders and related staffs of the company

Business background

  PI GmbH &Co.KG founded in 1970, the company is a world-leading global solution provider of high-precision positioning displacement systems and measurement systems with the highest industry capability. Its products and technologies are used in high-end applications such as semiconductor manufacturing and inspection, high-precision industrial manufacturing, optical alignment and metrology, microscopy and life sciences, astronomy and aerospace research. PI GmbH &Co.KG has mastered a full set of key technologies, and its strong technical strength has driven the continuous development of micro-nano-positioning technology, which it makes PI GmbH &Co.KG as a working partner of many high-tech companies and famous laboratories around the world.