Cases
Promoted by InvestCHN, U2U conducted project matchmaking with Taicang Port Economic and Technological Development Zone (TPDZ).
Participants
InvestCHN: Chase Wu, Founder
U2U Co., Ltd.: Yongzhu Li, General Manager of China; Qingfeng Yu, Deputy General Manager of China
Taicang Port Economic and Technological Development Zone (TPDZ): Huaming Wang, Deputy Director of Investment Promotion Centre; Yichen Shen, Section Chief of Investment Promotion Centre; Yingjiang Gong, Vice General Manager of Taicang Bioport
Location
Taicang Biological Bay
Organized by InvestCHN, U2U held a project negotiation with Taicang Port Economic and Technological Development Zone (TPDZ).
Participants
InvestCHN: Chase Wu, Founder
U2U Co., Ltd.: Yongzhu Li, General Manager of China; Qingfeng Yu, Deputy General Manager of China
Taicang Port Economic and Technological Development Zone (TPDZ): Huaming Wang, Vice Director of Investment Promotion Centre; Yichen Shen, Section Chief of Investment Promotion Centre
Location
Taicang Port Economic and Technological Development Zone Administrative Committee
Witnessed by InvestCHN, U2U signed the investment agreement with Taicang Port Economic and Technological Development Zone (TPDZ).
Participants
InvestCHN: Chase Wu, Founder
U2U Co., Ltd.: Jeong-ji Song, Chairman; Yongzhu Li, General Manager of China
Taicang Port Economic and Technological Development Zone (TPDZ): Jun Ma, Member of CPC Working Committee and Director of Economic Development Bureau
Location
Taicang Port Economic and Technological Development Zone Administrative Committee
Foreign Investor: U2U Co., Ltd. (South Korea)
Registered Capital: USD 15 million
Total Investment: USD 45 million
Estimated Annual Turnover: RMB 350 million
Estimated Annual Tax Revenue: RMB 35 million
EDZ: Taicang Port Economic and Technological Development Zone (TPDZ)
Project Signing Date: April 16, 2018
Project Period: 95 days
Company Founded: 1992
Company Background: U2U Co., Ltd. was founded in March 1992 by Jeong-ji Song and the former executive of LG in South Korea. The company is engaged in the R&D and production of intelligent cosmetic instruments and massage devices.
