The Sanjiao Town government and Shenzhen INVT Electric Co Ltd signed a contract on September 27th, marking the settlement of the INVT Electric South China Industrial Base, with an estimated total investment of 1.15 billion yuan, in Sanjiao Town, Zhongshan.

A spokesperson from INVT said that the company planned to purchase 133.84 mu (over 8.9 hectares) of industrial land in Sanjiao to build a new factory to replace its existing one. As the heart of INVT's industrial production in southern China, the Sanjiao project contributes to the processing and manufacturing business of the company and houses the R&D centers of its major subsidiaries in southern China. The project aims to meet the overall comprehensive product supply, production, sales and research needs for its future business development in southern China.

Shenzhen INVT Electric Co Ltd, established in 2002, is a national high-tech enterprise. Headquartered in Shenzhen, the company became listed on A shares of the Shenzhen Stock Exchange in 2010. Currently, it has 15 holding subsidiaries with over 3,000 employees, more than 40 branches, and more than 200 channel partners around the world. The company's marketing network covers over 80 countries and regions globally.