16 | Thursday, May 9, 2019 HONG KONG EDITION | CHINA DAILY BUSINESS Tianjin Goubuli set to open Nidec plans to plow $100m into Zhejiang Australian probiotics plant production unit
By CHENG YU and MA JINGNA Company looks to in Dunhuang, Gansu China is cash in on emerging Japanese electric motor manu opportunities from facturer Nidec Corp said it plans to already the invest around $100 million in its largest Belt and Road in second production facility in Chi market for overseas markets na’s eastern Zhejiang province as part of its broader efforts to tap electrified into “unprecedented” opportuni By ZHONG NAN in Beijing ties brought by the country’s vehicles, offering us and YANG CHENG in Tianjin booming development in new unprecedented energy vehicles and smartphones. Tianjin Goubuli Group Corp, a Teruyuki Kai, president of Nidec opportunities to centuryold company better known in China, said the plant, which develop new types of for its uniquely flavored baozi or came shortly after its $100 million steamed buns, will put up a probiot investment in their first factory in traction motors, ics plant in Australia on May 13, aft Zhejiang last year, would allow which are the most er officially acquiring the majority Nidec to provide automotive parts important element stake from an Aussie bioscience including traction motors. company last month, said its top “The increased investment also of an electric vehicle’s executive. showed our resilience in beefing powertrain.” Zhang Yansen, the group’s chair up our presence in China, which is man, said construction work of the also our largest market globally,” Teruyuki Kai, president of project’s first phase had been com he said, adding the company has Nidec in China pleted and it will be operational in set a goal of gaining 800 billion Gold Coast City, Queensland, next yen ($7.2 billion) in revenue in the Wang Ruixiang, head of the Chi week. The factory can produce up to Chinese market by 2020. na Machinery Industry Federa 35 metric tons worth 500 million Kai made the remarks in an tion, pointed out that new energy yuan ($74.3 million) of concentrated interview here at the China Green vehicles have gained momentum probiotics such as lactobacillus aci Consumers queue up at a Goubuli restaurant in Tianjin. HU LINGYUN / FOR CHINA DAILY Companies Summit, an annual in China and have driven the dophilus annually. meeting on sustainable businesses whole industry chain related to Probiotics are live microorga that featured renowned business new energy cars. nisms — including yeast, bacteria tycoons including Alibaba Group “The future of the industry lies and fungi — which can generate ed home companies to grow busi has shown other timehonored founder Jack Ma. in breakthroughs in core automo health benefits for human bodies. 35 nesses in other parts of the world, brands a way to diversify their busi “China is already the largest tive parts and the research and Global research works indicate they metric tons but also created chances for domes nesses and upgrade their products market for electrified vehicles, development in related compo can improve digestion and help tic firms to seek highend resources with the latest market trend,” said offering us unprecedented oppor nents,” he said. planned annual production strengthen immune function. capacity of Tianjin Goubuli’s in the areas of food production and Zhao Ying, a researcher at the Insti tunities to develop new types of In addition to automotive parts, “The probiotics we produce in factory in Australia healthcare abroad to enrich their tute of Industrial Economics of the traction motors, which are the Kai said that electronic compo our plant will also be used in Gou earning ability, said Zhang. Chinese Academy of Social Sciences most important element of an elec nents have become another “shiny” buli’s food products to meet cus This is not Goubuli’s first business in Beijing. tric vehicle’s powertrain,” he said. business in the country, with major tomers’ demand for food nutrition first probiotic manufacturer in Aus in Australia. The company signed a He said China’s expanding mid According to the China Associa smartphone vendors including and consumption upgrading,” he tralia with the capability to manu cooperation agreement with Aus dleincome group has created a tion of Automobile Manufactur Oppo and Vivo among its clients. said, adding food consumption is a facture, conduct research and tralian health product company lucrative market for high quality ers, the total sales of electric “We are also in active talks with reflection of China’s economic suc development, and provide services Blooms Bluesky Holding in 2017, products, traditional brands repre vehicles and plugin hybrids in the Huawei Technologies Co for cess. to its customers in the area of probi acquiring the latter’s 78 percent senting excellent craftsmanship or country reached 1.2 million last potential cooperation deals with “Food consumption is rising. The otics. stake. Chinese characteristics certainly year and are expected to hit 1.6 the coming of 5G smartphones types of foods people eat are diversi Future plans include adopting It also joined with the coffee shop can win consumers via methods million in 2019. and equipment,” he added. fying. Foods are becoming more lowtemperature spray drying tech franchise Gloria Jean’s Coffees in such as innovation, ‘going global’, To catch up with the trend, Kai Nidec’s fiscal report showed its sophisticated and they need to be nology for probiotic powder manu 2014, and now runs more than 100 mergers and acquisition, business noted that Nidec just put its three net sales revenue hit a record high more convenient, tasty and nutri facturing and expanding Gloria Jean’s coffee shops and Gou mode switch and forming new part inone eaxle into mass produc of 1.52 trillion yen in the year end tious.” production capacity to 200 tons in buli restaurants in China. nership with companies in other tion. With a maximum capacity of ing March this year, a 2 percent Goubuli began to acquire the the second phase of this project. “Because more products come off sectors. 150 kilowatts, the latest motor only increase yearonyear. Ormeaubased Probiotics Australia Many opportunities come from factory assembly lines and custom weighs 83 kilograms, which is Pty Ltd in 2018. Probiotics Australia tangible development of the Belt and ers have growing appetites for new Contact the writers at much lighter than that of its com Contact the writers at — its new international arm, is the Road Initiative. It has not only push tastes, Goubuli’s development path [email protected] petitors. [email protected]
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