Chery Chemical (Tianjin) Co., Ltd., a high-tech pharmaceutical and chemical enterprise founded by Dr. Hong Hao who returned from the United States to start a business, was successfully hatched in Tianjin TEDA International Entrepreneurship Center, a high-tech incubator in the Development Zone, in just two years. On February 5th, 1 year, the company's newly-built research and production center was officially put into operation. It marks that TEDA has taken another big step forward in cultivating high-tech enterprises and supporting overseas students to return to China to start businesses.

Tianjin TEDA International Entrepreneurship Center was established in July, 1996. It is an international business incubator recognized by the State Science and Technology Commission. In the past five years, the Entrepreneurship Center has accumulated 52 enterprises, identified 4 high-tech enterprises/kloc-0, realized 500 million yuan in technology, industry and trade income, and achieved good economic and social benefits. In April, 1999, American Gloria Pharmaceutical and Chemical Company led by Dr. Hong Hao entered the Entrepreneurship Center. Over the past two years, the Entrepreneurship Center has given strong support in terms of funds, personnel and policies, enabling the company to successfully incubate at the fastest speed in the shortest time, making a small enterprise with only a few technologies develop into a large R&D and production company with hundreds of cutting-edge technologies and dozens of professionals, which fully shows the superiority of the investment environment in the development zone.

Ai Yamin, Deputy Director of Tianjin Development Zone Management Committee, attended the opening ceremony of Gloria Ying's new factory.

Limited ability, only the stars mentioned above.

Thank you.