Changzhou’s business-friendly environment continues to attract global investment, with four new projects from Sweden, Germany, and Singapore recently choosing Jintan and Zhonglou districts.
On the afternoon of May 12 (Sweden time), two subsidiaries of Indutrade—Meson AB and UltraPure International—signed agreements with the Hua Luogeng High-Tech Industrial Development Zone in Jintan.
Meson AB will invest USD 5 million in a fluid control systems project, manufacturing marine-grade valves and control systems with an expected annual output of RMB 100 million. Meanwhile, UltraPure International will invest USD 7.5 million to produce disposable biotech equipment and high-grade medical consumables for pharmaceutical and laboratory applications. Indutrade, a Stockholm-listed industrial group founded in 1978, operates over 200 subsidiaries across 31 countries.
Also on May 12, Germany’s Thiele GmbH signed an investment agreement for its second Chinese production base, focusing on round steel chains and lifting components for heavy industries like mining and logistics. The project will be located in the Sino-German (Changzhou) Innovation Industry Park, with plans for a new factory, sales office, and warehouse. The company, headquartered in Iserlohn, has been a leader in its sector since 1935.
Earlier in the week, Singapore-based Powerzone H2 Technologies committed USD 10 million to establish a hydrogen fuel cell R&D and production base in Zhonglou High-Tech Industrial Development Zone. The facility will focus on core fuel cell components—including membrane electrode assemblies (MEA), catalyst-coated membranes (CCM), and fuel cell stacks—as well as end-use commercialization. The project is projected to generate over USD 150 million in sales within five years.
Building on this momentum, Zhonglou aims to develop a specialized hydrogen energy innovation hub, including the China-Singapore (Changzhou) Hydrogen Energy Industry Innovation Center, which will combine research, technical services, and public education.
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