before the inauguration ceremony, director wang youming met with french guests including jacques aschenbroich, ceo of valeo, briefed them about the new economic norm of china and shared new thoughts on shenzhen's development. then he listened to valeo's investment plan in shenzhen. both sides reached consensus on further deepening cooperation.
as one of the world's top ten automobile parts suppliers, valeo posted sales of eur 12.7 billion in 2014. it has 133 plants and 16 research centers in 29 countries worldwide, as well as over 78,500 employees. built and invested in by valeo in 2005, valeo (shenzhen) has now grown into a leading player in the domestic automotive electronics industry. with the active efforts of invest shenzhen and related government departments, valeo has further scaled up its investment in shenzhen, and will launch a number of world-leading projects.