Müller receives China Business License

Covering an area of some 9.6 million km² and with a population of around 1.3 billion people (July 2017), the People's Republic of China is geographically and economically one of the biggest countries in the world. It currently has the second largest gross domestic product in the world (second only to the USA). However, China is much less well-known for being the world's biggest market for sliding headstock automatic lathes – with approx. 7000 units sold a year and an original equipment rate of approx. 15% to high-pressure systems in 2017. And that number is increasing. (To compare: Europe has an original equipment rate of 70–80% with some 1600 machines a year.)

//Kunshan Skyline

 

In the light of this, Müller wants to invest in China and act on this market locally. To this end, the company has been officially granted a China Business License. This is required in order to be recognised as a company in China and to be allowed to process business transactions there. It is issued by SAIC, the State Administration for Industry and Commerce, and acts as a kind of passport for the company. It contains all the information about the company, such as its registered name, the kind of company it is, and its legal representatives.

//StartUp Factory

 

Müller products are due to go into production in 2019. Together with the locally based "Startup Factory", Müller intends to establish and operate a product location on the German Industrial Park in the Zhangpu Kunshan district. To this end, "Startup Factory" offers production sites, contacts, financial advice, recruiting and anything else required for the optimum launch on the Chinese market.

The Müller family and project manager Lars Goldbaum look forward to a successful co-operation with their Chinese partners and to positive business development.

Interested?

Please give us a call or send us an email. We are looking forward to helping you.

phone: +49 (0)741 - 174 575 - 0
info[at]muellerhydraulik.de