Establishment of Shenzhen Lorentz Intelligent Manufacturing Co., Ltd. & New Factory Opening Accelerating the Rapid Development of the New Energy Industry

On November 12, Guangming Road, Longteng Community, Shiyan Subdistrict, Bao’an District, Shenzhen City was bustling with excitement and joy. The grand opening ceremony was held for the establishment of Shenzhen Lorentz Intelligent Manufacturing Co., Ltd., a wholly-owned subsidiary of Lorentz, and the inauguration of its new factory. This marks that Lorentz will embrace a new era of leapfrog development with a brand-new look.

Distinguished guests attending the launching ceremony included:

Cui Wanheng, Chairman of Guangdong Lorentz Technology Co., Ltd.;

Tong Rude, General Manager;

Gan Xu, CTO;

Deng Yahu, Secretary of the Party Working Committee of Shiyan Subdistrict, Bao’an District, Shenzhen City;

as well as customers, investors, suppliers and ecological partners of the company.

Mr. Cui Wanheng, Chairman of the company, stated that the opening of the Lorentz Intelligent Manufacturing factory marks the company’s transformation from a R&D and sales-oriented enterprise to an integrated operation of production, sales and R&D, with a more complete and developed supply chain system.

He also expressed gratitude for the trust and support from capital and all sectors of society, which have driven Lorentz’s rapid growth in recent years. The company has basically formed a "3+2" structure, in which three profit centers drive two scale centers. It will follow a stable development path in the future and become a respected solution provider in energy internet and intelligent manufacturing.

In addition, Lorentz has always insisted on introducing high-quality talents. At present, the company has more than 30 top industry experts and over 130 professional technical personnel.

Lorentz staff will continue to forge ahead with the self-improving and indomitable spirit of the trailblazing ox. Building on its status as a young leading enterprise and national high-tech enterprise, the company aims to go public within five years with a market value of 10 billion yuan, and achieve an output value of 10 billion yuan and a market value of 100 billion yuan within ten years.

It is reported that Guangdong Lorentz Technology Co., Ltd. was founded in 2017. Following its rapid initial development, the company has grown into a national high-tech enterprise with completely independent intellectual property rights, specializing in the R&D, production and marketing of green and digital energy internet solutions.

Headquartered in Xili, Shenzhen, Lorentz has established R&D bases and branches in Wuhan and Changsha. Centered on scientific and technological innovation, the company owns nearly 100 software copyrights and patents, with the number growing at a double-digit rate annually.

At present, China is at a critical juncture of embracing the global carbon-neutral economy and the transformation of human energy supply, bringing unprecedented opportunities to the new energy industry.

Mr. Tong Rude, General Manager of Guangdong Lorentz Technology Co., Ltd., delivered a speech:

“The company has established strict, rigorous and standardized management procedures from products to services. Driven by innovation and developed by technology, we will continue to provide high-quality innovative products for society and empower the rapid development of the new energy industry.”

He also outlined the company’s future development plan:

“We will further accelerate product and service innovation, attach great importance to customer experience, and strive to seize historic opportunities. We aim to build Lorentz into an outstanding enterprise group with core competitiveness, industry influence and sound returns.”

Mr. Deng Yahu, Secretary of Shiyan Subdistrict, delivered a speech and welcomed Lorentz Intelligent Manufacturing to settle in Bao’an District:

“Lorentz is a young, dynamic and innovative enterprise. We welcome such high-tech enterprises to develop in Shiyan. The subdistrict will provide strong support and services to help enterprises take off.”

In addition, representatives of the company’s customers, suppliers and partners also delivered speeches one after another, congratulating Lorentz Intelligent Manufacturing on the successful opening of its new factory!

After the ribbon-cutting ceremony and group photo, guests were led by Chairman Cui Wanheng to visit the company’s high-tech exhibition hall and intelligent factory. They also listened to expert briefings in the automated production workshop.

The establishment of Shenzhen Lorentz Intelligent Manufacturing Co., Ltd. and the opening of the new factory mark that Lorentz is seizing the opportunities in the new energy sector, contributing its wisdom and strength to China’s energy transition goals of peaking carbon emissions by 2030 and achieving carbon neutrality by 2060.

Upholding its original aspiration, Lorentz will continue to act as a reliable ecological partner with gratitude and professionalism, providing high-quality products and comprehensive services.

With the trust and support of friends from all sectors of society, Lorentz will persist in innovation and sustainable development to build an even better future together!