The chief medium of SEGC in implementing the strategy of 'going out of the country', SEIC establishes several subsidiary companies in foreign countries and focuses on foreign enterprises possessing first-class key technologies so as to rapidly improve the technical level of Shanghai mechanic and electric industry by means of investment, cooperation, merge and acquisition. Meanwhile the purchased foreign companies quickly enter Chinese market through SEGC's extensive marketing network over the country, and lower down the manufacturing costs by using SEGC's competitive processing ability. Hence the real mutual benefit is realized.
A successful example is the investment in Japanese Akiyama International Co., Ltd., a famous manufacturer which owns advanced technology in printing machinery. |