Changsha was alive with spring blossoms. On April 16, a group of friends from afar visited the Wasion Science and Technology Park in the Changsha National Hi-Tech Industrial Development Zone for a historic moment - the opening of Smart Metering Solutions (Changsha) Co., Ltd. ("Smart Metering Solutions"), a joint venture of Waison Group and Siemens Ltd., China.
On that day, over 100 attendees witnessed the opening of the joint venture, including Thomas Theinert, CFO of Siemens" Infrastructure &; Cities Sector for Northeast Asia; Patrik Dresen, CFO of Siemens Smart Grid Division"s Technical Service Department; Walter Daumann, president of Siemens Smart Grid Division"s Metering, Communications &; Services Sector; Robert Demann, president of Siemens" Smart Grid Division for Northeast Asia (chairman of Smart Metering Solutions), all executives of the Wasion Group including Chairman Ji Wei, as well as representatives from Smart Metering Solutions.
At the ceremony, Thomas Theinert delivered an address, noting the joint venture will use technology to help Siemens and Wasion better cope with the challenges faced in making cities worldwide more livable, competitive and sustainable. Subsequently, Ji, on behalf of Wasion Group, extended congratulations on the opening of the joint venture, noting Smart Metering Solutions has emerged in line with the general trends of economic globalization and China"s new urbanization amid major opportunities from global smart grid construction and the development of new metering technologies.
Despite different origins, language differences did not impede their exchanges. The opening ceremony was immersed in a relaxing atmosphere. The leaders of Siemens, Wasion and Smart Metering Solutions cut the ribbon for the joint venture, marking the opening of Smart Metering Solutions after seven months of preparation.
As Siemens" first smart grid joint venture in China and Asia, Smart Metering Solutions (Changsha) Co., Ltd. will offer customers innovative meter data management software solutions and high-value-added operation services to enhance their business efficiency. The establishment of Smart Metering Solutions marks a good opportunity for Siemens and Wasion Group in their joint effort to seek opportunities in the Chinese smart grid market and a milestone in the global development of smart metering. The two sides will make full use of their joint competitiveness and complement each other"s advantages to provide strong support for the further development of the Chinese smart grid market. Smart Metering Solutions will march towards the goal of becoming a key supplier of smart metering products in the world.
Under the directing of Mr. Gao, CEO of the joint venture, the ceremony began.
Thomas Theinert, CFO of Siemens" Infrastructure &; Cities Sector for Northeast Asia, delivered a speech.
Ji Wei, Chairman of Board of Directors of Wasion Group, delivered a speech.
Leaders from Siemens, Wasion and JV cut the ribbon of opening ceremony together.