On January 20 this year, Honeywell signed a contract with Wuhan East Lake High-tech Zone, known as China's Optical Valley, for the Honeywell Emerging Markets China headquarters project. On March 21, thanks to the support of the government, Honeywell registered and established Huosheng Industrial Technology Co., Ltd. in Optics Valley as the company's headquarters in China's emerging markets, which is also the first Fortune 500 company to establish a company in Wuhan in 2020.
Wuhan, China, May 19, 2020 - Honeywell today launched its Emerging Markets China headquarters and its Innovation Center in Wuhan, demonstrating Honeywell's long-term commitment to China.
On January 20 this year, Honeywell signed a contract with Wuhan East Lake High-tech Zone, known as China's Optical Valley, for the Honeywell Emerging Markets China headquarters project. On March 21, thanks to the support of the government, Honeywell registered and established Huosheng Industrial Technology Co., Ltd. in Optics Valley as the company's headquarters in China's emerging markets, which is also the first Fortune 500 company to establish a company in Wuhan in 2020.
It is expected that the Emerging Markets Headquarters and Innovation Center project will develop and produce more intelligent and safe high-quality products that are closer to the needs of mass consumption, and use the power of science and technology to improve the lives of people and social development and progress in China and other countries.
We welcome companies from all over the world to seize the opportunities brought by China's wider opening up and achieve win-win results.
Yufeng Zhang, President of Honeywell China, said: "We are honored that our project has received the attention of national leaders and the support of the Hubei and Wuhan governments. Through close cooperation with the Wuhan government, we have accelerated the implementation of the project in accordance with the requirements of epidemic prevention during difficult times. We have discussed with the Wuhan government many times how to use Honeywell's innovative technology to create a smart Wuhan, such as helping Wuhan schools create a healthier environment, and intelligent upgrading of Wuhan hospitals."
Wuhan is a central city in central China with obvious geographical advantages, and it is also an important industrial base and scientific research base in China. "Honeywell is willing to further strengthen cooperation with Wuhan, and promote scientific and technological innovation with the help of talents and market advantages in central and western China, so as to better radiate the vast central and western markets and meet their market needs." This move will further deepen Honeywell Eastern's development strategy in China to serve the East and accelerate Honeywell's transformation from 'being a Chinese competitor' to 'being a Chinese competitor.'" Zhang Yufeng said.
Honeywell Emerging Markets China headquarters covers management, research and development, sales, and other services for the company's three business groups: Smart Building Technology, characteristic materials and technology, and safety and productivity solutions. The products include logistics automation data acquisition scheme, office data integration scheme, air quality management solution, urban gas metering instrument, dechlorination adsorbent, thermal conductivity interface material and asphalt material modifier.
During the outbreak, Honeywell has strongly supported Hubei and Wuhan in their fight against the novel coronavirus, donating 500,000 masks to Wuhan, 3,000 air purifiers to 50 hospitals across Hubei, and a series of fire security systems to Leishan Hospital in Hubei.
