CICC Chairman Paolo Bazzoni Visits UFI Italy Headquarters

A delegation led by the Chairman of the China-Italy Chamber of Commerce, Paolo Bazzoni, visited UFI Italy Headquarters. The UFI Filter Group, a global leader in filtration technology and thermal management and among the members of our Chamber, was represented by Rinaldo Facchini, CEO of UFI Filters Group, and Simone Trazzi, Chief Operating Officer of UFI Filters Group Asia Pacific.

"The success story of the UFI Filter Group confirms how competitive our companies can be in an advanced market like the Chinese one.

Italian companies operating in the sectors of mechanical engineering, mechatronics and industrial components and solutions have achieved tangible and concrete results, managing to create value and services for Chinese partners and customers, but also to generate value and growth for our Headquarters in Italy. 

Italy's strategy remains the same: investing in innovation and quality to better serve the market, positioning Italy at the top of the value proposition." — Paolo Bazzoni, Chairman of the China-Italy Chamber of Commerce

As part of our strategy to expand the presence of the Chamber of Commerce throughout the Chinese territory by providing services, visibility and authority to the Italian business community in the country, we have offered strong support for the Sofima plants in the Chongqing municipality to be officially completed in 2019 in the Yufu Industrial Development Zone in the Liangjiang New Area. A move that marked the official completion of the first project of Zhongyi Industrial Park in Liangjiang New Area. The total investment of UFI Filter Group's factory in Chongqing exceeds 25 million euros (about 190 million yuan), with a total area of over 17,000 square metres, of which nearly 14,000 square metres will be used to produce high-tech filter systems to serve important local OEM customers.

At the beginning of this year, also with the support of the China-Italy Chamber of Commerce, UFI Filter Group and the Management Committee of Xiuzhou High-tech Industrial Development Zone in Jiaxing, Zhejiang Province signed an agreement to open its seventh (the 20th in the world) industrial base in China in Jiaxing city, Zhejiang Province. Starting from 2023, the facilities of Jiaxing New Factory will produce advanced filtration systems and thermal management applications for new energy vehicles, and will also have a new advanced R&D and laboratory centre for the development of new systems and products. The future revenue of the new factory is expected to exceed 1 billion yuan, and the number of employees will exceed 600.

As a member of the CICC, UFI Filter Group actively participates in various activities of our Chamber. The Group has also been appointed coordinator of the Mechanical Engineering Working Group (MEWG) to support us in promoting the development and growth of enterprises in this key field in China.