[Domestic News] Galaxy General Robot and BoYin Co-creation Project Signed and Settled in Suzhou

(Source: Robot Global News)

On April 2, the Bohin Hebang Venture project signed and settled in Suzhou. Party Secretary Fan Bo met with a delegation including Jiang Hongquan, Chairman of Boyuan Capital, and Yao Tengzhou, General Manager of Galaxy General, and they jointly witnessed the project signing.

Bohin Hebang Venture project signed and settled in Suzhou.

Boyuan Capital is a market-oriented industrial investment platform under the Bosch Group, and Galaxy General is an innovative company focused on the R&D of embodied intelligence and general-purpose robots. Bohin Hebang Venture is a joint venture company established by Boyuan Capital and Galaxy General, with each contributing 50%. It will invest 1 billion yuan to build a corporate headquarters and an embodied-intelligence robot R&D and industrialization base for industrial manufacturing scenarios in the Suzhou Industrial Park.

Fan Bo, on behalf of the municipal CPC committee and the municipal government, expressed his thanks to the companies for investing in Suzhou. He said that Suzhou has always adhered to the strategy of developing the city through industry. It has three trillion-level industrial clusters—electronic information, equipment manufacturing, and advanced materials. At present, Suzhou is seizing the opportunities of artificial intelligence development, vigorously promoting “AI+ manufacturing,” upgrading and optimizing traditional industries, cultivating and growing emerging industries, and proactively laying out future industries—so as to build an “intelligent manufacturing city” with international competitiveness. The industrial layout of Boyuan Capital and Galaxy General aligns highly with Suzhou’s direction of industrial development. He hopes the companies will leverage their own advantages to bring more high-quality projects and innovative resources to Suzhou, deepen innovation and collaboration with universities, research institutes, and technology enterprises, accelerate embodied-intelligence technology innovation and large-scale application, and work together to create a new high ground for the embodied-intelligence industry. Suzhou will adhere to a demand-oriented approach, and do well in areas such as policy enablement, factor保障, and scenario opening, to serve projects in reaching production and results and to support enterprises’ innovation and development.

Jiang Hongquan and Yao Tengzhou thanked Suzhou for its support and assistance to the companies. They said that Suzhou has well-developed industrial supporting capabilities, a first-class business environment, and abundant application scenarios, and the prospects for developing artificial intelligence are promising. They will seize the occasion of the project signing, focus on technological innovation, strengthen financial enablement, and help more enterprises across the upstream and downstream segments of the industrial chain cluster in Suzhou, so as to better serve Suzhou’s intelligent manufacturing industry development.

A member of the Standing Committee of the Municipal Party Committee, and Secretary of the Party Working Committee of the Suzhou Industrial Park, Shen Mi, attended.

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