SMTCL Signs Strategic Cooperation Agreement with Germany Bosch Group 09.28.2010

    On September 28, SMTCL and Bosch Group singed a strategic cooperation agreement in Wuxi City, during which, Zhao Biao, Vice President of SMTCL, and Mr. Bruno J.Nieberl, Vice President of Bosch Group, had an in-depth communication on both sides’ future cooperation. After the agreement comes into effect, SMTCL will be listed into Bosch Group’s “Global Supplier Roster”. Simultaneously, SMTCL will list the Bosh Group into its “VIP Customer Management”.

    As one of the world leading automobile technology and industrial technology vendors, Bosch Group has developed several proprietary technologies in key auto fittings sector, and that it has set up 270 branches in the world and established the Bosch (China) Investment Co., Ltd. in Shanghai. In 2009, Bosch Group’s consolidated sales revenue in China rocketed to RMB 27.4 billion, and particularly its annual output value in Wuxi Plant totaled RMB 15 billion.

    SMTCL has built up a favorable partnership with Bosch Group in terms of components procurement and equipment supply. For instance, Bosch Group ever purchased equipment from SMTCL’s several business departments, and SMTCL once introduced Bosch Rexroth’s hydraulic station and NC system with stable running performance.

    In the future, both sides will reinforce the cooperation and provide each other with quality products and more consummate services, and their strategic cooperation is bound to offer more opportunities for SMTCL’s development as well as to boost SMTCL to grow into an international first-class transnational tycoon.





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