On December 30, 2021, the opening ceremony of Suzhou Chengtai Technology with the theme of "New Journey, Promoting Growth and Creating the Future" was successfully held in Suzhou ICV Science Park. The first digital factory of Chengtai Technology was officially put into operation. Chengtai will continue to forge ahead and forge ahead towards a new journey.

Mr. Ding Shengyi, member of the Party Working Committee and deputy director of the Management Committee of Suzhou High Speed Rail New City, Xu Mingjuan, director of the Science and Commerce Bureau of Suzhou High Speed Rail New City, Chen Lei, deputy director of the Science and Commerce Bureau of Suzhou High Speed Rail New City, Wang Jiali, chairman of the Pioneer (Suzhou) Digital Transportation Industry Investment Co., Ltd., Zhou Xiaohong, general manager of Pioneer (Suzhou) Digital Transportation Industry Investment Co., Ltd., Chengtai Technology management, investors Core suppliers and others attended the event.

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Mr. Ding Shengyi, Member of the Party Working Committee and Deputy Director of the Management Committee of Suzhou High Speed Rail New City, delivered a speech

As the fastest growing localization breakthrough enterprise and the first batch of enterprises in the Science and Technology Innovation Park, Chengtai Technology hopes to give full play to its advantages in market, technology, industrial chain resources and other aspects to form a demonstration and leading effect. With the mass production base as the starting point, it will gather high-level industrial talents and implement industrial output value in the new high-speed railway city, promote the development of the intelligent connected car industry in the new high-speed railway city to extend, supplement and strengthen the chain, and work hand in hand with the new high-speed railway city, Accelerate the breakthrough in mass production of intelligent connected vehicles.

▲ Mr. Ding Shengyi, Member of the Party Working Committee and Deputy Director of the Management Committee of Suzhou High Speed Rail New City, delivered a speech

Chen Chengwen, Founder and CEO of Chengtai Technology, gave a speech at the opening ceremony

It took more than five months to design and build a fully digital millimeter wave radar modern chemical plant, which is officially opened today. We always adhere to the vision and mission of "being the best radar and changing the world with millimeter wave technology", and constantly improve progressiveness, reliability, cost performance and delivery and supply capacity.

The factory is expected to reach the maximum capacity designed by us in 2022, with an annual output of 1.5 million radars, supporting our fourth generation radars, fifth generation radars and fifth and sixth generation radars that we are designing and developing.

Further strengthen the company's advantages in the millimeter wave radar field from business, products to manufacturing, and strive to become the most professional, reliable and optimal service provider in the millimeter wave radar field, so as to accelerate the company's progress towards the 10 billion level revenue target.