The delegate formed by 6 persons of TECO Electric and Machinery Co.,Ltd. arrived in Chenzhou on July 10, 2012. On the basis of investment frame agreement signed with Chenzhou government, the delegate was focusing on discussing the contract details with Chenzhou Export Processing Zone (Chenzhou High-tech Industrial Park) for this trip. In this February and April, TECO visited Chenzhou and signed the investment frame agreement on manufacturing project of megawatt wind turbine generator system. Now this project is on the process of selecting construction land in the non-ferrous industrial park.

TECO Electric & Machinery Co., Ltd. (Chinese: 東元電機), was established on June 12, 1956, starting out as an industrial motor manufacturer. Over the years, it has successfully diversified into a conglomerate with worldwide business operations. Now it is the third biggest medium-voltage motor producer in the world, with around 8% market share and also ranked number 5 in global low-voltage A/C motor market, representing 4% of the world. The Company also engages in the manufacture, installation, wholesale, retail of various types of electrical and mechanical equipment, telecommunication equipment and home appliances.