A Global 500 Company Reinvests ￥700 mln. in TEDA

Hongfujin Precision Electronics (Tianjin) Co., Ltd. has increased investment by 700 million yuan quite recently, with a registered capital of 2.46 billion yuan. The newly added capital will be used to reform the production line, achieving intelligent production equipment.

Hongfujin is the cloud computing products business of Foxconn Technology Group, a Global 500 company. The company focuses on the R&D and production of cloud computing products including the processor, memorizer and cabinet. Backed by the sound international reputation and worldwide access service, Hongfujin has cooperated with world-famous enterprises such as HP, DELL, IBM, Intel, Alibaba and ByteDance.