China Greatwall Technology Group signed a strategic cooperation agreement with the Zunyi Municipal People's Government on July 29 to build a manufacturing base mainly for network switches.
The manufacturing base will cover the R&D, manufacturing, adaptation, and operation of network equipment, such as network switch components.
The company plans to achieve a production capacity of 150,000-210,000 sets of switches per year within three years, with an output value of 500-1 billion yuan.
China Greatwall Technology Group was jointly established by China Greatwall Computer Shenzhen Company Limited, Greatwall Information Industry, Wuhan Zhongyuan Electronics Group, and Shengfeifan Electronic System Technology Development in January 2017.
The company was registered in March 2017 with a registered capital of 2.928 billion yuan, total assets of 21.671 billion yuan, net assets of 8.296 billion yuan, and 14,000 employees on staff.