China's largest hydraulic R&D production base settled in Suzhou

The "Automobile Turbocharged Components" project invested and established by the Italian GMG Group has officially settled in the Suzhou High-tech Zone. After the project is completed, it will become the largest hydraulic system product research and development base and production base in China.

The Italian GMG Group is a multinational company specializing in the production of automotive components, hydraulic systems, polymer materials and environmentally friendly cables. The auto parts project signed in Suzhou Hi-tech Zone has a registered capital of 100 million U.S. dollars and a total investment of 300 million U.S. dollars. The first-phase construction area of ​​the project is about 240 mu. The planned annual production capacity is 2 million sets (sets) of hydraulic system.

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