On the morning of August 18th, Nantong Development Zone and Jiangsu TENT signed the investment agreement for the "new high-end central air conditioning product research and development and headquarters base project" once again. Baodelin, the deputy secretary of the Party Working Committee and the director of the Administrative Committee, attended the signing ceremony.
Jiangsu TENT is a well-known domestic enterprise specialized in the research, development, and production of intelligent fresh air conditioning and commercial and industrial central air conditioning equipment. It was recognized as a national high-tech enterprise and a municipal technology innovation enterprise (Maiden Enterprise) in 2020, with an annual research and development expenditure exceeding 10 million yuan. It is reported that this time, the company will relocate its new product research and development center and headquarters from Shanghai to Nantong Development Zone, planning to invest 500 million yuan to further expand its layout in the research and production of fresh air central air conditioning, commercial and industrial central air conditioning, as well as various large-scale central air conditioning host equipment. It will also establish a core research and development platform and team for central air conditioning. In the next three years, it is expected to achieve an annual revenue of 600 million yuan and pay taxes of no less than 30 million yuan.
Jiangsu TENT, as an excellent science and technology enterprise nurtured and incubated in Nantong Development Zone, has set up a headquarters base to take root in this area, which is a realistic portrayal of Nantong Development Zone's building of "the highest business environment and the new center of Tongcheng vitality".