Shanghai's “Headquarters Economy” gains new momentum. On September 10, 2024, Fosun's core enterprise inintelligent manufacturing, Easun Technology, officially launched its global headquarters in Jiading District. This headquarters is Easun Technology's largest research, operations, training, and warehousing base in China. With the launch of the global headquarters, Easun Technology will be firmly rooted in Shanghai, leveraging its globally leading industrial automation and digital intelligent technology solutions to further extend its automotive and new energy businesses nationwide and into international markets.

Easun Technology Global Headquarters Inauguration Ceremony

Over180 guests, including Cheng Peng,Party Committee Secretary, ShanghaiEconomic and InformationCommission, Lu Fangzhou,District CommitteeSecretary, Shanghai Jiading DistrictCommittee, Lukas MEYER, Deputy Consul General, the Consulate General of the Federal Republic of Germany in Shanghai, and Guo Guangchang, Chairman of Fosun International, attended the ceremony, witnessing this milestone for Easun Technology.

Speech by Cheng Peng,PartyCommitteeofSecretary, Shanghai Economic and InformationCommission

In his speech, Cheng Peng remarked, “Easun Technology has grown alongside Shanghai's automotive industry, showcasing the city's innovative dynamism. We hope Easun Technology, as a 'dual-chain leader,' will play a core role on the supply side of smart manufacturing, empowering small and medium-sized enterprises and fostering an open, win-win automotive supply chain ecosystem. With the support of both municipal and district levels, we hope the company will continue its high-quality development, further enhancing Jiading’s attractiveness in the industrial chain, optimizing the ecosystem, and expanding the cluster.”

Speech by Lu Fangzhou,District CommitteeSecretary, Shanghai Jiading District Committee

Lu Fangzhou expressed, “The official launch of Easun Technology’s global headquarters fully reflects Fosun’s confidence in the development of Jiading. It demonstrates a strategy of being rooted in Shanghai, serving the entire country, and extending globally. This is highly beneficial in driving the deep integration of emerging technologies and manufacturing, promoting the transformation of leading industries towards high-end and intelligent development, and providing strong support for the sustainable and healthy development of the regional economy.”

Speech by Guo Guangchang, Chairman of Fosun International

Guo Guangchang stated, "Fosun will fully support the development of Easun Technology by empowering it through investment and attracting upstream and downstream industries along the supply chain. The goal is to build a global, first-class intelligent manufacturing group, based in Shanghai, with annual revenues exceeding 10 billion yuan. At the same time, Easun Technology will continue its commitment to globalization, not only to better serve the domestic market and drive the overall development of China's intelligent manufacturing sector but also to accelerate the enhancement of its global capabilities."

From Jiading to the World: Supporting the Growth of the “Shanghai Manufacturing” Brand

Easun Technology, founded in 2018, completed its acquisition of the German FFT Produktionssysteme GmbH & Co.KG group (FFT) in 2019, with a total investment of nearly 5 billion yuan. Headquartered in Anting Town, Jiading, a key manufacturing hub in Shanghai, Easun Technology employs over 3,000 people globally. Its business coversbody shop business, general assemblyshop business,E-Mobility business, general industrybusiness, as well as food and beverage automationbusinessand digital business. The company's customers spans dozens of countries and regions, including China, Germany, the United States, and Mexico, serving numerous leading automakers such as Mercedes-Benz, BMW, and Volkswagen.

Speech by Tristan Pfurr, CEO of FFT

The year 2024 marks the 50th anniversary of the founding of the German FFT group. As a leading global provider of flexible automation production line solutions, FFT has established a strong global business foundation since its inception in 1974. Following its acquisition by Fosun, FFT has experienced even more rapid global growth, further consolidating its leadership position in the intelligent manufacturing sector.

Speech by Lukas MEYER, Deputy Consul General, the Consulate General of the Federal Republic of Germany in Shanghai

Lukas MEYER commented, "The partnership between Easun Technology and FFT is a milestone in Sino-German cooperation. It not only deepens collaboration between the two countries in the field of intelligent manufacturing but also brings the excellence and innovative spirit of German engineering into the global market, fostering synergetic development and benefiting global industries." He praised Easun Technology's significant role in advancing Sino-German economic cooperation and promoting cultural exchange between the two nations.

According to recent data, in the first half of 2024, Easun Technology secured new overseas orders totaling 3.99 billion yuan, with orders from the U.S. market showing a substantial increase. The newly added orders in the U.S. reached 750 million yuan, more than doubling year-on-year.

Speech by EdwinZhang, Chairman of Easun Technology

Easun Technology's global competitiveness is driven by continuous breakthroughs in key technological fields and the global market expansion empowered by Fosun," said Zhang Liangsen, Chairman of Easun Technology. He explained that Easun Technology, in line with Fosun’s global strategy, will remain rooted in Shanghai, leveraging global resources to advance intelligent manufacturing technology innovation and bolster the “Shanghai Manufacturing” brand. The company is currently strengthening its industrial presence in the U.S. and Mexico to meet the growing demands of the intelligent manufacturing sector, and the volume of new orders is expected to increase significantly.

In 2023, Easun Technology was recognized as a “Specialized and Sophisticated” enterprise by the city of Shanghai. Its subsidiary, FFT (Shanghai), achieved further distinction by being awarded the title of a National-Level “Little Giant” enterprise, a recognition for its sustained innovation capabilities.

Gathering of Industry Experts: Discussing the Future of the Automation Industry

On the day of the event, industry experts came together to deliver keynote speeches and engage in in-depth discussions on topics such as the intelligent application of industrial robots, trends and prospects in the automotive manufacturing industry, and digital intelligent manufacturing.

Professor Zhao Jie, Director of the Robotics Institute at Harbin Institute of Technology, pointed out that China’s robotics industry is entering a critical phase of overcoming challenges, and enhancing the technological capabilities and foundational strength of the robotics industry has become an urgent priority.

Speechby Professor Zhao Jie, Director of the Robotics Institute, Harbin Institute of Technology

Zhao Jian, CEO of Easun Technology, stated: "Digitalization has become the new growth engine for economic development, and it is an active choice for enterprises to adapt to evolving trends. As a leading company in the intelligent manufacturing sector, Easun Technology has a responsibility to reshape its business models and processes through digital transformation. In the future, we will further leverage our core strengths, continuously increase investment in research and development, and enhance the efficiency of technological innovation and its commercialization."

Speech by Jason Zhao, CEO of Easun Technology

Experts at the event emphasized that as a global leader in automotive industrial automation, Easun Technology's technical expertise, project execution capabilities, and output are all at the top tier globally. Easun Technology possesses a core technology system covering framer, laser processing, robotic automation, digital software, aircraft manufacturing, and lightweight materials. The company has independently developed key hardware products and a full suite of automated digital software solutions, suitable for a wide range of applications. These advancements are expected to play an increasingly significant role in driving industry development.

In April 2024, Easun Technology, as a digital transformation service provider in Shanghai, became one of the first companies in the Jiading Anting “Smart and Digital Transformation”ecosystem alliance. It effectively served as a benchmark, promoting the transformation and upgrading of manufacturing enterprises in the region, thereby enhancing quality and efficiency.

"Easun Technology has always been committed to providing leading high-tech solutions, with innovation as our core competitive advantage. We continuously drive the innovation and application of intelligent manufacturing technologies, empowering the future of industry through the power of technology. Together with our clients, we strive to ‘Lead the Future with Intelligent Manufacturing,’" saidEdwinZhang.