SINGAPORE–(BUSINESS WIRE)–Oct 18, 2022–
CHINT, an intelligent energy solution provider from China, opened a new innovation lab in September, 2022, aiming to better support industrial partners in the APAC region.
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CHINT unveils Innovation Lab in Singapore. Source: Lianhe Zaobao © SPH Media Limited. Consent is required for childbirth.
The opening ceremony of the Innovation Lab was attended by Ms. Low Yen Ling, the Singaporean Minister of State, Ministry of Culture, Community and Youth & Ministry of Trade and Industry, and Ms. Sun Haiyan, Ambassador Extraordinary, and Plenipotentiary of the People’s Republic of China to the Republic of Singapore.
The Lab covers more than 400 square meters at CHINT’s APAC regional headquarters in Aperia Tower 1 in Kallang, and showcases solutions in fields ranging from new energy and power distribution to data centers and industry.
Johnson Luu, Marketing Director APAC at CHINT Global, noted that the Lab “will provide solutions to meet the growing demand for renewable energy and sustainable development as well as digital transformation, which are all important topics for today and in the future.”
With global headquarters in Shanghai, CHINT Global operates in more than 140 countries and regions around the world. Having been an active player in the Singapore market for a decade, CHINT Global is a qualified supplier of power distribution cabinet (circuit breaker) recognized by the Singapore Housing & Development Board (HDB).
In Asia Pacific, CHINT has been operating for more than 20 years, covering nearly 30 countries, and currently has more than 100 employees, of which foreign employees have more at 75%.
CHINT Global also acquired Sunlight Electrical, a long-established local manufacturer of electrical distribution products, with factories in Singapore, Malaysia and Vietnam.
Last year, CHINT moved its APAC regional headquarters from Hong Kong to Singapore.
In an interview with LIANHE ZAOBAO, Lily Zhang, CEO of CHINT Electrics, described the establishment of the APAC regional headquarters in Singapore as a natural step, because back in 2020 when CHINT laid out its five-year plan, Singapore was the planned APAC regional headquarters.
CHINT’s Global Footprint
Asia-Pacific: third largest market
Ms. Lily Zhang, CEO of CHINT Electrics, revealed that Asia-Pacific ranks as the third largest market for CHINT in the world, after Europe and the Middle East, which leaves a lot of room for the growth of business endeavors in local team to unlock.
CHINT chose Singapore as the location for its APAC regional headquarters because of its “particularly attractive” transparency and high efficiency, as well as the country’s diversity, inclusiveness and openness that create an ideal environment for business, according to Zhang.
Although a small city-state, Singapore serves as a gateway to the “infinity of a larger market”, Zhang said. “We see Singapore as a window to the entire Southeast Asia region, and the center of ASEAN. It can have such a powerful influence. “
CHINT is looking to recruit engineering talents with leadership and teamwork qualities to fill the director and director management roles in Singapore, according to Zhang, who did not disclose how many staff will be hired. .
Zhang said that the Singapore Green Plan 2030 launched last year by the government as a blueprint for sustainable development brings opportunities to CHINT, as the company’s strategies for decarbonization, digitalization and distributed energy consistent with government policies.
For example, CHINT’s smart manufacturing line for mini-breakers, which can produce 3 million units per day for the global market, is in line with Singapore’s goal of promoting smart manufacturing. CHINT also participated in the SolarNova program led by HDB and the Economic Development Board (EDB) which allows HDB flats to adopt solar photovoltaic systems.
Zhang revealed that CHINT is in the final stages of acquiring a company related to the distribution channel in Malaysia. Besides acquisitions, CHINT also considers joint ventures and innovative company incubations.
Source: Lianhe Zaobao © SPH Media Limited. Consent is required for childbirth.
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CONTACT: Cora Geng
gxiaol@chintglobal.com
KEYWORD: ASIA PACIFIC SINGAPORE
KEYWORDS IN INDUSTRY: BUILDING ENVIRONMENT AND PROPERTY OTHER ENERGY UTILITIES SUSTAINABILITY BUILDING SYSTEMS ALTERNATIVE ENERGY GREEN TECHNOLOGY ENERGY RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: CHINT
Copyright Business Wire 2022.
PUB: 10/18/2022 10:04 PM/DISC: 10/18/2022 10:04 PM
http://www.businesswire.com/news/home/20221018005641/en
