Haier Invests RMB 13 Billion in Building a New Industrial Park

On July 2, Haier CosmoPlat Industrial Internet Ecological Park project held its opening ceremony in Jiaozhou, Qingdao. Covering a total area of more than 2.7 million m2, this project represents a total investment of RMB 13 billion (about US$ 1.92 billion) and is able to achieve an industrial production value up to RMB 40 billion (about US$ 5.92 billion) when in full operation. It is the largest investment project for Haier since its establishment and is also a project with the most comprehensive industry chain support.