Wahaha expands robot production to transform business
8 years, 11 months ago

Wahaha expands robot production to transform business

China Daily  

Zong Qinghou, chairman of Hangzhou Wahaha Group Co Ltd. China's largest beverage producer Hangzhou Wahaha Group Co Ltd is planning to set up a new factory to expand the production of industrial robots as part of a business transformation. "Besides sticking to our main business of beverages, we will largely develop intelligent manufacturing to promote our company's business transformation and upgrading," said Zong, who ranked fourth in the mainland on the 2015 Hurun Rich List, with a personal wealth of 120 billion yuan. Zong said the company is seeking robot technologies from Israel for its new factory to be built in Lin'an in East China's Zhejiang province. "We are also talking with Israel's Tel Aviv University and Peking University to set up a technology transfer center in Hangzhou, which will help Israel's intelligent technologies find a Chinese market," said Zong.

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