The ground breaking ceremony of GVS (Suzhou) new plant was held on October 25, 2021.

Rocco Carlo Genchi-Deputy consul general of Italy in Shanghai,Li WenHu-Deputy director of Suzhou Foreign Affairs Office, Zhang Ying-Member of SND Party Working Committee and deputy director of SND Administrative Committee, Lucas Galuppo-General manager of GVS Suzhou and other distinguished guests attend the ceremony.

The total investment of the project is 300 million yuan. After the completion of the project, the construction area will reach 30000 square meters and Suzhou plant will become the head quarter in China. The company will further expand its production capacity and increase its market share in China in the future. It is estimated that the output value will reach 500 million yuan and the tax contribution will exceed 50 million yuan.

Zhang Ying represents SND Party Working Committee and SND Administrative Committee, express the congratulations

● Zhang Ying said:●

As one of the most competitive development zones and foreign investment Highlands in China, SND has always attached great importance to strengthening economic and trade exchanges and cooperation with Italy and European countries. The new factory of GVS will be the head quarter of China in the future, which will play a positive role in promoting the development and growth of regional medical devices and related industries.

It is hoped that GVS will continue to strengthen R & D and innovation, strive to become an example for Italian enterprises to develop in Suzhou, and attract more Italian funded enterprises to invest in SND. As always, SND will provide more high-quality and efficient Pro business services for the majority of foreign-invested enterprises, so that enterprises can blossom and bear fruit, become bigger and stronger on the fertile land of SND.

●Rocco Carlo Genchi mentioned:●

This important investment of GVS represents its commitment to China and trust in the development environment of Suzhou. The new plant will further expand production capacity and promote technological progress. China is one of the most important trading partners of Italy. Italy will become a better partner of China. It is hoped that more and more advanced technology companies will take root in Suzhou SND, cooperate successfully and achieve fruitful results.

Massimo Scagliarini, GVS CEO, via Video he expressed the congratulations and thanks to the support that SND gave

●Massimo mentioned:●

The business in China is very important to the group. The construction of the new factory in Suzhou is a major milestone in the business operation and development in China. In the future, the group will continue to work together with SND to continuously strengthen the development of business in China.

●Lucas expressed:●

The development of GVS is inseparable from the strong support of Suzhou high tech Zone. The company plans to double its sales in five years by increasing investment and expanding factory capacity, so as to realize the company's vigorous development in China and achieve win-win brilliant achievements.

GVS Technology (Suzhou) Co., Ltd

GVS Technology (Suzhou) Co., Ltd founded in 2010, committed to develop and produce the filters and the related components for medical and automotive use.

GVS Group，founded in 1979, with the headquarters in Bologna, is one of the world’s leading manufacturers of filter solutions for applications in the Healthcare & Life Sciences, Energy & Mobility and Health & Safety sectors.