China ShangHai Jiading welcomes another foreign investment projects including SKF Automotive Asia Pacific Headquarters and other three major projects
In July 2025, at the Shanghai 41st batch of multinational corporations regional headquarters and R&D center certification and foreign investment project signing ceremony, 30 multinational corporations regional headquarters and 15 foreign investment R&D centers were awarded, and another 33 foreign investment projects completed on-site signing. Jiading District has three key investment projects participating in the signing, namely SKF Automotive Asia Pacific Headquarters, Fuyao Group's high-end aluminum alloy production base and Wanxingwei Brand Management Company's settlement project, with a total investment of more than US$310 million, covering multiple fields such as the automotive industry, high-end manufacturing and consumer goods.
In addition, Huibo New Materials Technology (Shanghai) Co., Ltd. became the only company in Jiading District to be awarded the qualification of a foreign investment R&D center, marking the continued attractiveness of the region in the field of high-tech manufacturing.
Huibo New Materials: Focus on the R&D of high-performance materials to create an innovation engine
As a company focusing on the R&D and production of special epoxy resin materials, Huibo New Materials has made breakthrough progress in the fields of composite materials for wind turbine blades and high-function electronic packaging materials in recent years. Since the construction of the R&D headquarters was launched in 2021, the company has made steady progress in technological innovation and market expansion, and successfully landed on the Shenzhen Stock Exchange ChiNext in 2023. At present, the company has established a comprehensive business network covering R&D, production and sales in the Yangtze River Delta region.
Shen Fei, the company's deputy general manager, said: "After settling in Beihongqiao, we have truly felt the advantages of convenient regional transportation and concentrated industrial resources. In the future, we will rely on the R&D center platform to further enhance our independent innovation capabilities and inject new momentum into the high-quality development of the local economy."
SKF Automotive Asia Pacific Headquarters: Building a New Highland for the Automotive Bearing Industry
SKF Group, a leading global bearing solutions provider, announced an investment of more than US$100 million to establish an independent operating headquarters for its automotive business in Jiading. The project has two companies under it, SKF Automotive Technology (Shanghai) Co., Ltd. and SKF Automotive Bearings (Shanghai) Co., Ltd., marking the further deepening of its strategic layout in the Chinese market.
After the project is completed, it will not only promote the implementation of more advanced technologies and innovative products in Anting, but will also attract upstream and downstream high-quality enterprises to gather, helping Jiading to build a complete automotive parts industry chain ecosystem.
Fuyao Group: Increase investment in high-end aluminum trim manufacturing
Shanghai Automotive Trim Co., Ltd., a subsidiary of Fuyao Group, plans to invest in the construction of a high-end aluminum alloy trim production base in Jiading Digital Automotive Park, with a total investment of RMB 693 million. The project covers an area of about 88,000 square meters, with a planned construction area of nearly 58,000 square meters. It mainly provides high-precision metal decorative parts for the new energy and intelligent connected vehicle markets.
The implementation of this project will further enhance Fuyao's competitiveness in the field of high-end parts manufacturing, improve its production capacity layout in the Yangtze River Delta region, and provide higher quality products and services for mainstream domestic and foreign automakers.
Wanxingwei China Operation Headquarters officially settled in Jiading
Wanxingwei (Shanghai) Brand Management Co., Ltd., a Sino-Japanese joint venture, has a registered capital of RMB 278 million and will become the exclusive operation and management platform of the Wanxingwei brand in the Chinese market. The company will be fully responsible for brand design, channel development, marketing and sales management, and has now entered the substantive preparation stage.
The implementation of this project not only reflects the confidence of international brands in the Chinese consumer market, but also injects new impetus into Jiading's internationalization process in the field of fashion consumer goods.
Jiading continues to optimize the business environment and attract global capital
In recent years, Jiading District has continued to promote a high-level opening-up strategy, continuously improved the policy supporting system, and actively created a market-oriented, legal and international business environment. Up to now, the district has introduced a total of 73 regional headquarters and R&D centers of multinational companies at the municipal level, with a total amount of actual foreign investment of US$20.12 billion, including 26 recognized regional headquarters of multinational companies, including 10 investment headquarters and 16 management headquarters; 47 foreign-funded R&D centers, including 4 global R&D centers.
With the implementation of a series of key foreign investment projects, Jiading is accelerating its development towards a headquarters economy pattern of "all types, multiple functions and full coverage", becoming one of the important choices for foreign-funded enterprises to invest in China.
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