Midea Group, a rapidly-growing Fortune Global 500 company, has achieved a significant milestone with the completion of the main structure of the Shanghai Midea Global Innovation Park.
This milestone signifies a major step forward for the project and showcases Midea Group's strong endorsement of the development potential and environment in Qingpu district.
The construction of the Midea Global Innovation Park holds immense significance for both Qingpu district and the construction industry as a whole, and is expected to further enhance Qingpu's landscape.
All parties involved in the project have demonstrated unity and dedication to ensure the construction meets the highest quality standards. Embracing the spirit of "mutual beauty and shared success," collaboration and cooperation have been key.
The project team remains committed to ensuring the smooth and timely completion of each phase, prioritizing safety and quality to meet the park's scheduled completion date.
Aligned with Midea's core strategy of "technological leadership," park will aid Qingpu in its efforts to become a center of digital development in the Yangtze River Delta region.
Additionally, it will serve as Midea Group's Shanghai headquarters, attracting top-tier R&D talent from around the globe.
The Shanghai Midea Global Innovation Park will cover a construction area of 402,000 square meters and has an investment exceeding 7 billion yuan ($987.19 million).
It will serve as a technology park above the forest, embodying an innovative spirit and functioning as a headquarters park.
The park will focus on establishing R&D sectors in areas such as industrial internet and intelligent manufacturing, with a strong emphasis on innovative applications and development in fundamental technology, artificial intelligence, user research, and smart supply chains.
Through collaboration with over 30 R&D centers worldwide, including the Midea Global Innovation Center in Foshan, Japan, Germany, the United States, and Italy, Midea Group's global R&D system will be further enhanced.
Leveraging the advantages of global innovation, the park will drive Midea's future development over the next decade and contribute to the creation of a new center for digital and intelligent development in Shanghai.
A rendering of Midea Global Innovation Park in Shanghai. [Photo/WeChat account: dahongqiao888]
