New Contract Announcements Made, and 33 Leading Products and Technologies Exhibited
SHANGHAI, 7 November 2018 – Emerson (NYSE: EMR), a global technology and engineering company, announced to have signed strategic agreements with three market-leading customers – China National Offshore Oil Corporation (CNOOC), China Coal Shaanxi Yulin Energy & Chemical Co. Ltd, and China General Nuclear Power Corporation (CGN) in the energy sector, and two significant purchase agreements with Hisense (Shandong) Air-Conditioning Company Ltd, and Qingdao Hisense Hitachi Air Conditioning Systems at the first China International Import Expo (CIIE) in Shanghai this week.
“These agreements demonstrate Emerson’s significant momentum in China,” said Jennie Li, vice president and general manager, Emerson China. “Next year we are celebrating our 40th year in China, we are looking forward to applying our proven technology for our customers and bringing our expertise to continue to strengthen the industry development in China.”
The China International Import Expo is a significant move for the Chinese government to give firm support to trade liberalization and economic globalization. As a key player on innovation and smart manufacturing, Emerson takes an active part in international free trade exchange and cooperation, and promotes innovative growth in the field of trade with international leading solutions and products. At the expo, Emerson has exhibited a total of 33 leading products and technologies spanning industries from IIoT and intelligent manufacturing to green building, energy-savings and air quality products.
“Since entering the China market in the 1970s, China has become an important part of Emerson's global development strategy,” continued Jennie. “The new wave of industrial transformation and increased demand for imports will continue to drive growth prospects in the Chinese market. We will leverage this momentum to seize more development and partnership opportunities in China in the future for mutual success in the new era.”
About Emerson
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. For more information visit Emerson.com.
