In the afternoon of October 22, the People's Government of Changshu granted award to the foreign investors and Hong Kong, Macao and Taiwan investors that have made significant, symbolic and leading contributions to the economic development of Changshu in the past three years.
GONVVAMA won the award of "Remarkable Effect of Capital Increase" and "Demonstration Enterprise of Foreign Investment Upgrading".
Zeng Guangyi, Deputy Chief Operating Officer and Wen Ya, Financial Manager of GONVVAMA, received the award on behalf of the company.
As a demonstration enterprise of foreign investment upgrading, GONVVAMA is optimistic about investment in Changshu in recent years.
In 2018, the company invested 20 million yuan for the workshop expansion of second phase which was put into operation in 2019. In 2020, the company invested an additional 120 million yuan for new equipments.The company spends 6.5-7% of its sales on new product research and development every year.
“Having an important amount of investment in R&D is key for us in order to maintain competitive advantage compare to our competitors. By investing that much in R&D, we make sure that we are always applying the most advanced solutions and technology to our customers.”--Orlando Ortego，GONVVAMA CEO.
Orlando holds that the support from Changshu government sustain us in the firm belief for future development. Going forward, GONVVAMA will continue to invest, expand in Changshu and cooeprate with Changshu Government in decarbonization, idustry 4.0 and etc.
Find below the video interview with GONVVAMA CEO.
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