CVTE Chongqing Industrial Park opens in Liangjiang

CVTE Chongqing Co in Liangjiang New Area. [Photo provided to english.liangjiang.gov.cn] 

CVTE Corporation celebrated the grand opening of its new industrial park in Liangjiang New Area, Chongqing, on Feb 26. 

The park, with an investment of 350 million yuan ($48 million), will serve as CVTE's Western Headquarters, R&D center, and settlement center.

Over the next three years, CVTE plans to establish an independent subsidiary in Liangjiang focusing primarily on automotive electronics. It aims to expand into future education and computing businesses, driving multiple subsidiaries to achieve significant scale. 

CVTE intends to enhance its capabilities in smart education hardware and software solutions, intelligent office systems, and other fields including information technology, medical, robotics, and artificial intelligence. 

Wang Yang, chairman of CVTE, emphasized that his company will increase investment in smart controllers, automotive electronics, commercial displays, computing equipment, and robotics. Wang added that CVTE plans to recruit local talent and expand R&D cooperation with local universities and research institutions. This will strengthen and expand the industrial cluster, fostering more outstanding enterprises born and bred in Chongqing. 

CVTE's core business includes designing, researching, developing, and selling LCD control boards and interactive smart panels. Its products are widely used in household appliances, educational informatization, and enterprise services.

Notable brands under CVTE include Seewo, a provider of digital educational tools and services, and MAXHUB, a smart collaboration platform. In alignment with local industries, CVTE has established industrial parks in cities such as Hefei, Suzhou, Xi'an, and Beijing.