Matiz and Nanjing Economic and Technological Development Zone officially signed an investment agreement that Matiz will invest 350 million dollars to build a manufacturing and R & D base in Lungtan New City, Nangjing, China. 

In the PRD region, Matiz has the Shenzhen R & D center and Zhongshan Southern China headquarters. MATIZ plans to invest 350 million dollars in  Nanjing Headquarter and build a 70,000-square-meter intelligent manufacturing center and a 20,000-square-meter R & D office center, focusing on the R&D of smart car parking system, elevators, escalators and passenger boarding bridge.

Matiz stated that it will relocate the terminal manufacturing base and R & D center to Nanjing in the future. Nanjing has a convenient transportation so that it can help Matiz to expand the market in the northern area of the Yangtze River. It is crucial to introduce higher-level talents and enhance the competitiveness for the enterprise’s future development. 

Lungtan Industrial New City is located in the Nanjing Economic and Technological Development Zone. It is a modern industrial and talented concentration area in Eastern China. Matiz's entry into Lungtan New City will fill the gap in the field of intelligent equipment manufacturing and Matiz will play a key role in major areas of people's livelihood, such as the renovation of old Nanjing communities.

As a leading manufacturer for elevator, escalators, smart car parking system and passenger boarding bridge, Matiz will strive to establish the industry benchmark to help to build the Lungtan Intelligent Manufacturing Equipment Industrial Cluster and accelerate the construction of China's Intelligent Manufacturing City--Nanjing.