Forklift maker Anhui Heli has celebrated the grand opening of its Heli Intelligent Logistics Industrial Park.
The new facility follows Heli’s announcement in April that it was taking a controlling stake in Anhui Yufeng Intelligent Technology Company, known as Efork.
Heli invested CNY371 million (USD51.2 million) in Efork for a 71.4% stake.
The investment in Efork is part of Heli’s expansion in the intelligent logistics sector as it seeks to improve its global competitiveness.
Heli says the Heli Intelligent Logistics Industrial Park will focus on improving core technologies, as well as making technological breakthroughs and product innovations.
“We will provide global users with one-stop logistics handling system solutions, gather the majestic power of synergistic growth of all ecological parties and build an industry innovation ecosystem,” the company says.