At the beginning of the new year, YUGA GROUP expands plant scale by signing a cooperation agreement with Plainvim Prenco Euro-American Science Industrial Park (Park) to increase investment in research and development, which opens a new chapter for YUGA GROUP development the Dragon Year of 2024.
YUGA GROUP settled in Science Industry Park (Buildings #C11 and #A14) in 2023, establishing YUGA Kunshan base with the area of 2,000 m2 for office and 10,000 m2 for plant. The total area reaches to 15,000 m2 after expansion in Building #A13. Based on the existing mold design and assembly capabilities, YUGA plans to establish a R&D Center in the new building and strengthen innovation capabilities such as mold processing and manufacturing and equipment automation.
YUGA GROUP positions Kunshan Base as an Innovation Center, acting as a core base for new product mass production, in order to improve YUGA’s technical development capabilities in all aspects based on market requirements. YUGA will focus on product design, material technology development, mold capabilities enhancement, equipment process development, and production automation upgrade.
Facing severe challenges in the post pandemic era, YUGA Group currently is in a critical period of development. The only way to keep YUGA invincible and competitive in the complex market competition is to clearly design GROUP development path and continuously focus on technical innovation on trends.
YUGA GROUP believes that only with the advanced and cutting-edge technology and flexible market response capabilities can better serve our customers and become their most trusted innovation partner and supplier.
— Mr. Pete Zhang, YUGA GROUP CEO
On behalf of YUGA Group, Mr. Pete Zhang, CEO of YUGA, participated in the Signing Event and communicated with Ms. Jiang Wenhui, General Manager of Science Industrial Park. Based on the agreement of equality, mutual benefit, and win-win cooperation, both parties signed the contract and opened the champagne, cheering for deeper communication in the bright future.
