Festo was invited to attend the 2022 Qingdao Summit of Leaders of Multinational Corporations

From June 19th to 21st, the 3rd Qingdao Summit of Leaders of Multinational Corporations, co-sponsored by the Ministry of Commerce and the Shandong Provincial People's Government, was held. Jiang Zuolin, Vice President of Operations of Festo Greater China, was invited to attend the event, which was also the third time that Festo appeared at the Qingdao Summit of Leaders of Multinational Companies.

In the context of global economic uncertainty, the summit focused on hot topics such as global industrial chain and supply chain, green and low-carbon transformation, and Festo, as a Germany family business with a history of nearly 100 years and a market leader in the field of global automation technology and technical training, gave its own answer.

Jiang Zuolin said: "The recent recurrence of the epidemic has had a certain impact on production and sales, but through efforts to catch up in May, we expect that the performance in the first half of the year can still maintain a more optimistic growth." ”

The epidemic has brought a general impact to the industry, and the manufacturing environment is also facing unprecedented challenges since its development. At the meeting, when talking about how to help the high-quality development of advanced manufacturing industry, Jiang Zuolin said: talent is the key, and localized development and talent training are also Festo's consistent strategy in recent years. In addition, Festo will also firmly focus on the localization strategy. Over the past three years, Festo's investment in Jinan has been the largest of all production centres in the world, which is an indication of the confidence of the Festo Group in the entire business environment in the Chinese market.

Festo, which has entered the Chinese market since the 80s of the last century, has not only witnessed the history of the development of industrial manufacturing in China, but also focused on the long term.

Jiang Zuolin said: "Festo takes the United Nations global sustainable development as the criterion, and in order to help achieve the goal of carbon neutrality in the industrial field and the global environment, Festo has a mission. We will work with our partners to go deep into 5G, life sciences, pharmaceuticals, new energy vehicles, semiconductors and other sub-industries, and work together to promote automation and digital transformation and upgrading, and forge ahead to achieve the dual carbon goals as soon as possible." ”
Festo was invited to attend the 2022 Qingdao Summit of Leaders of Multinational Corporations

Festo was invited to attend the 2022 Qingdao Summit of Leaders of Multinational Corporations

About Festo

Founded in 1925, Festo is one of the world's leading suppliers of automation technology and technical training. Headquartered in Esslingen, Germany, the company is an independent, family-owned company. The Festo Group operates in 200 industries worldwide and offers more than 300,000 customers leading pneumatic and electric drive technology and a wide range of solutions. At the same time, Festo Didactic provides more than 40,000 customers worldwide with state-of-the-art engineering training equipment and courses. With sales of €3.36 billion in fiscal 2021, the Festo Group employs around 20,700 people in 250 locations worldwide. 7% of annual sales are invested in research and development.

Festo has been present in China since 1985. At present, there are more than 200 sales offices and authorized dealer outlets in Greater China. The Asia Pacific Technology Center and the Greater China Customer Solutions Center in Shanghai provide customized products and solutions for customers in the region, while the Global Production Center and China Logistics Center in Jinan, the East China Distribution Center in Shanghai, and the South China Distribution Center in Guangzhou provide support for the Chinese market. Festo offers pneumatic and electric technology and multi-faceted solutions for factory automation and process automation for the Chinese market, mainly in the automotive, electronics, food and beverage packaging, water/wastewater treatment and biotechnology/pharmaceutical industries. The Festo Customer Experience Centre, the innovative Motion Control Lab, where Festo works with its customers to develop cutting-edge solutions for industrial automation with value. At the same time, Festo Didactic (teaching and training department) provides more than 1,000 enterprises, universities, vocational colleges and training bases in Greater China with overall solutions for industrial training – from laboratory construction to curriculum system construction, and is able to provide qualification certification and career guidance to our trainees. The company currently employs approximately 2,100 people in China.

Festo was invited to attend the 2022 Qingdao Summit of Leaders of Multinational Corporations

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