On the morning of September 2007, Mr. Guoqin Feng, first deputy mayor of Shanghai met with top management of SanDisk in the municipal government VIP hall, and congratulated SanDisk on the coming operation in Shanghai. At 10:45 AM of September 27, the opening ceremony of SanDisk Conductor (Shanghai) Co., Ltd. was grandly held in Zizhu Science Based Industrial Park. Mr. Yungeng Liu, deputy director and Secretary of the Party Leadership Group for Standing Committee of Shanghai Municipal People’s Congress, Mr. Jinping Liu, deputy director of Shanghai Foreign Investment Committee, Mr. Jing Chen, chief executive of Minhang District, Mr. Xiaoqing Cai, vice chief executive of Minhang District, Mr. Shimin Zhang, Vice President of Jiao Tong University, Dr. Sanjay Mehrotra, President and COO from SanDisk, Mr. Wen Shen, President and GM of Zizhu Park, and Mr. Guang Xia, Executive VP of Zizhu Park attended the ceremony.
SanDisk Semiconductor (Shanghai) Co.,Ltd. is a totally foreign-invested program registered in Shanghai Zizhu Science-Based Industrial Park, occupying 60,000 square meters. The investment sum of the program totals one billion USD, with the registered capital worth 334 million USD. The company is mainly engaged in the development, production, encapsulation, testing of the brand-new flash-memory products, with the sales sum approximately reaching one billion USD.
SanDisk Semiconductor (Shanghai) Co.,Ltd. is hopefully to form the assembly effect together with the outstanding international electronics enterprises in the park. Through the long-term planning and practice, SanDisk is sure to contribute a lot to the scientific technology and economic development of Minhang District and Shanghai as well.