Witnessed by InvestCHN, Reckitt Benckiser Group signed the investment agreement with Taicang Port Economic and Technological Development Zone (TPDZ).

Participants

InvestCHN: Chase Wu, Founder

Reckitt Benckiser Group: Philip Hampden Smith, Manufacturing Director of China; Zhengqiang Deng, Marketing Director of China; Shenghua Teng, Deputy Gerneral Manager of Anhui Guilong Pharmaceutical Co., Ltd. (A subsidiary of Reckitt Benckiser Group)

CPC Committee of Taicang: Mi Shen, Secretary & Secretary of the Party Working Committee of TPDZ; Zhiqiang Xu, Member of the Standing Committee & Deputy Secretary of the Party Working Committee of TPDZ, Deputy Director of the Management Committee

People's Government of Taicang: Jie Hu, Vice Mayor

Taicang Commerce Bureau: Yonghua Xia, Director

Location

Loudong Hotel, Taicang City

Invite by Reckitt Benckiser Group, InvestCHN's Founder, Chase Wu, together with his team attended the ground-breaking ceremony of Reckitt Benckiser Asia-Pacific Manufacturing Base.

Participants

InvestCHN: Chase Wu, Founder

Reckitt Benckiser Group: Mike Dieser, Chief Executive Officer of the RB Group's Global Supply Chain; Philip Hampden Smith, Manufacturing Director of China

CPC Taicang Committee: Mi Shen, Secretary & Secretary of the Party Working Committee of TPDZ; Wenhui Qian, Deputy Secretary & Secretary of the Political and Judiciary Commission; Zhiqiang Xu, Member of the Standing Committee & Deputy Secretary of the Party Working Committee of TPDZ, Deputy Director of the Management Committee; Hongxing Wang, Member of the Standing Committee & Secretary of the Party Working Committee of Taicang Hi-tech Development Zone

Standing Committee of Taicang People's Congress: Weiqi Lu, Director

People's Government of Taicang: Jianggou Wang, Deputy Secretary of Party Committee & Mayor, Director of Party Working Committee of TPDZ; Chaozhen Xu, Deputy Mayor

CPPCC Taicang Committee: Zhende Qiu, Chairman

Taicang Commerce Bureau: Yonghua Xia, Director

Location

Taicang Port Economic and Technological Development Zone (TPDZ)

Foreign Investor: Reckitt Benckiser Group plc (U.K.)

Registered Capital: USD 100 million

Total Investment: USD 450 million

Estimated Annual Turnover: RMB 3.5 Billion

Estimated Annual Tax Revenue: RMB 350 million

EDZ: Taicang Port Economic and Technological Development Zone (TPDZ)

Project Signing Date: December 11, 2018

Project Period: 340 days

Company Founded: 1823

Company Background: Rechitt Benckiser Group was established in 1823. In 2017, the company ranked 353 on the Forbes Global 500. It is a well-known company of producing all kinds of consumer goods. Rechitt Benckiser is a global leader in consumer products, which focusing on health, hygiene and home-care. The company has offices or factories over 60 countries around the world, its brands are exported to nearly 200 countries. RB Group is committed to create a healthier & happier life for people by provide innovative products and solve the problem.