On November 28, the Songuo International Logistics Complex project jointly constructed by Samsung SDS of Korea, Songuo Motors Co., Ltd. and Dezhou Financial Investment Co., Ltd. was signed in our city. City leaders Chen Yong, Zhang Anmin and Zhang Guiai met with signing merchants and attended the signing ceremony.
Hyung Tae Kim, Samsung Global Group Chief Logistics Officer, Vice President of Korea Logistics Association, Samsung SDS Deputy President; Jiang Taihua, President of Samsung SDS China; Zhou Haiyan, Chairman of SONGUO Motors Co., Ltd; Tim Shin, CEO of SONGUO Motors Co., Ltd; Li Shizhi, Level II Inspector of Provincial Development and Reform Commission; Zhang Zhongjun, Level II Inspector of Provincial Department of Industry and Information Technology; Liu Huanping, Level II Inspector of the Provincial Department of Finance attended the signing ceremony.
Chen Yong, Secretary of the Municipal Party Committee, said in a meeting with merchants that Dezhou is currently adhering to Xi Jinping's The Thought on Socialism with Chinese Characteristics for a New Era as a guide, studying and implementing the spirit of the Fourth Plenary Session of the 19th Central Committee of the CPC, accelerating the conversion of old and new kinetic energy, vigorously upgrading industry, Quality development and efforts to cultivate and expand the real economy. The new energy and new materials industries represented by the Songuo Motors are advantageous industries that Dezhou strongly supports, and the development prospect is very broad. Samsung Group is a world-renowned company with strong strength and advanced technology in the field of IT and information technology. Samsung SDS has extensive experience in logistics management operations. The signing of this logistics complex project has established a new platform for deepening the cooperation between Samsung Group and Dezhou. It is hoped that both parties will strengthen their confidence, deepen cooperation, and strive to achieve mutual benefit and win-win results at a higher level and in a wider field. Dezhou will adhere to the concept of "government creating environment and enterprises creating wealth", and actively provide excellent services for the development of enterprises.
Hyung Tae Kim addressed the signing ceremony. He said that Shandong is one of the important areas for Samsung's development in China. Samsung Group will take the logistics complex project as an opportunity to cooperate with Songuo Motors Co., Ltd. and Dezhou Financial Investment Co., Ltd. to develop collaboratively. By creating a logistics transportation center that connects various forms of transportation, they will try their best to make contributions to the high-quality development of Dezhou.
Zhang Anmin, member of the Standing Committee and Secretary-General of the Municipal Party Committee, and Secretary of the Yucheng Municipal Committee presided over the signing ceremony. Vice Mayor Zhang Gui'ai delivered a speech.
The Songuo International Logistics Complex project has a total investment of RMB 3.1 billion. It aims to build a global blockchain-based logistics operation platform and build a world-leading efficient logistics system with the help of Samsung Group's top 500 global IoT technologies. Forming a one-stop global aftermarket service system with Songuo as the core of logistics, warehousing and parts supply. The first phase of the project is planned to invest RMB 2.1 billion, and it is planned to be completed in 2022. After completion, it will have the logistics capacity of outputting 230,000 automotive modules and 63,000 integrated building modules annually.
In recent years, Yucheng has established a high-end manufacturing new city development positioning, successfully introduced new energy equipment industrial complex, and gathered a number of core projects such as Songuo Motors, G-WIT new materials, G-Songuo composite materials, and Engine Technology & PT. After full production, it can produce 230,000 new energy vehicles, 300,000 modular buildings and 200,000 gas engines per year.