On June 21, Beijing New Universal Science and Technology Co., Ltd. announced that it had signed the Cooperation Framework Agreement on Investment in the Construction of Intelligent Equipment Production Project and Waste Tire Recycling Smart Factory Project with Hubei Province Yicheng People’s Government and Beijing Clean-tire Environmental Protection Science and Technology Co., Ltd.

The Agreement consists of two projects. Among them, the intelligent equipment production project includes the production of display system for commercial use, industrial robots and ski machine. It is independently invested by New Universal Science and Technology or jointly invested by New Universal Science and Technology and Yicheng People’s Government. The project is located in Yicheng Economic Development Zone, Xiangyang, Hubei, with a leased factory of 30,000 square meters. The company for waste tire recycling smart factory project is jointly established by the three parties. The site is located in Leida Industrial Park, covering a total area of 300 mu, including 100 mu in Phase I and 200 mu in Phase II.

Beijing New Universal Science and Technology is an innovative high-tech enterprise integrating R&D, design, intelligent manufacturing, system integration and operation & maintenance services. Its products cover four aspects: environmental management, high-end intelligent manufacturing, intelligent control, and cloud computing big data information technology.