On November 6, Changzhou Yougu New Energy Technology Co., Ltd. signed a 20 million yuan order for two Fox-M gantry-type CNC milling machines with Nicolás Correa S.A. at the 4th China International Import Expo (CIIE) virtually.

The 4th CIIE kicked off last Thursday in Shanghai, offering an excellent platform for global companies to explore and expand in the Chinese market.

Expo visitors and exhibitors from Changzhou were not able to attend the event in person due to the recent COVID-19 outbreak in the city.

Nicolás Correa S.A., founded in 1947, is the parent company of the Nicolás Correa Group, one of the leading industrial groups in Europe, both for its size and its innovation, conception, design, and milling machines manufacturers.

Changzhou Yougu New Energy Technology Co., Ltd. specializes in producing high-end equipment used in wind power, medical technology, rail transit, aviation, and aerospace industries.

Nearly 3,000 businesses from 127 countries and regions attended the 4th CIIE, according to the organizer. Fifty-eight countries and three international organizations also joined the online country exhibition during the expo, with 15 countries making their debut.