On August 31, Rainbow held an opening ceremony for the new R&D Center building in Ningxia province, China. After more than 20 months of construction, this new R&D building came in to service successfully as a “Rainbow excellent project”. Many representatives from Rainbow and external partners gathered together for the ceremony.

“The coherency of the values of continuous struggle and teamwork comes from the consensus of every person in Rainbow, and in fact, it is now practiced and adhered to by everyone.” said by the Rainbow group vice president Mr. Yuan. The opening of this R&D building in Ningxia will be another embodiment of strength of Rainbow, which will further enhance the R&D capability, and the company will continue to focus on advanced manufacturing supported by R&D innovation and move towards the highland of industrial value chain.