NINGBO, Feb. 26 – Government Leader of Ningbo, Mr. Peng Jiaxue, conducted an inspection tour of Beilun District, with a focus on the region's high-quality development initiatives. Among his key stops was Ningbo NIDE Tech Co., Ltd.

Mr. Peng Jiaxue toured NIDE Tech's corporate exhibition hall and production workshops, where he learned about the company's efforts in technological breakthroughs, product development, and market expansion. He highly praised NIDE Tech's development strategy, which focuses on research and development (R&D) and strong technological capabilities. He encouraged the NIDE team to seize innovation as the core, maintain a product-oriented approach, continue to increase R&D investment, and further enhance the added value of its core products. He emphasized the importance of seizing opportunities, identifying the right market segments, and gaining a competitive edge in the new round of technological revolution and industrial transformation.

Mr. Peng Jiaxue noted that over the past four decades of reform and opening up, it has been the relentless efforts of private enterprises that have forged the strong resilience and vitality of Ningbo's economy. He called on all levels of government and private enterprises to steadfastly promote the pioneering spirit of "daring to be the first" and create new glories on the new journey.

During the inspection, NIDE Tech President Lin Qifa briefed Government Leader of Ningbo, Mr. Peng Jiaxue, and other officials on the company's development trajectory, expressing gratitude for the support from the local government and district authorities. He highlighted NIDE Tech's commitment to providing intelligent motor manufacturing solutions for global clients, with applications spanning new energy vehicles, electric vertical take-off and landing aircraft, drones, and robotics.

NIDE Tech, a national high-tech enterprise and a provincial "little giant" specializing in niche and innovative technologies, has emerged as a leading exporter of motor manufacturing production line equipment since its inception 18 years ago. The company recently launched its "NIDE 3.0 Strategy," driven by dual engines of international market expansion and motor technology R&D, with a target of achieving nearly 50% year-on-year sales growth for two consecutive years starting in 2025.