Hitachi Group, a Fortune Global 500 company, ranked 52nd in the 2009 Fortune list, and has long been known as "Hitachi of Technology".
Hitachi Elevator ranks among the top three in China's elevator industry and ranks first among Hitachi, Ltd.'s 47 overseas affiliates.
The company was approved for establishment on February 9, 2007, and held its official groundbreaking ceremony on May 28, 2007. With a total investment of USD 60 million and registered capital of USD 40 million, the company was jointly invested and constructed by Hitachi Elevator (China) Co., Ltd., Hitachi (China) Ltd., and Guangzhou Guangri Co., Ltd., with the Japanese side holding 70% and the Chinese side holding 30%. The plant covers an area of 185,000 square meters, with a planned building area of 125,000 square meters, and features world-class, fully equipped modern factory buildings and state-of-the-art complete production equipment.
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