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QSTECH Celebrates the Grand Opening of CVTE Chongqing Industrial Park

Chongqing, China – Feb. 26, 2025 – CVTE which is parent company of QSTECH proudly unveiled its new Chongqing Industrial Park in the Liangjiang New Area, marking a significant milestone in the company’s expansion strategy.

With a total investment of 50 million USD, the park spans nearly 30 acres and boasts a construction area of approximately 70,000㎡. This development is a pivotal step in QSTECH’s Chinese southwest regional layout.Till now,all CVTE bringing the total number of industrial parks to 10 in China, with a combined area exceeding 800,000 square meters.

The opening day was marked by a tree-planting event, symbolizing growth and sustainability, followed by a traditional lion dance ceremony, where the dotting of the lion’s eyes brought auspicious energy to the new venture.

The Liangjiang New Area, as the first national-level development and opening zone in inland China, offers distinct advantages in industry, openness, and innovation. CVTE’s Chairman, Wang Yang executives showcased the park’s planning, cutting-edge innovations are poised to accelerate the development of automotive electronics field, smart offices and educational informatization in the region.

Luo Lin, a member of the Chongqing Municipal Party Committee Standing Committee and Secretary of the Liangjiang New Area Party Working Committee, commended QSTECH’s achievements and urged the company to seize opportunities and prioritize innovation.

The opening of the Chongqing Industrial Park not only strengthens QSTECH’s footprint in the southwest but also reflects its commitment to driving technological advancement and economic development in the region.