On April 3, Akihiro Teramachi, honorary citizen of Dalian and president of Japanese THK Co., Ltd., said in a meeting with Dalian Mayor Xia Deren that the company decided to increase investment by 20 million US dollars in Dalian this year. This will bring the registered capital of THK (China) Investment Co., Ltd. to 172 million US dollars, in order to expand the company's business in Dalian. In 2005, Japanese THK Co., Ltd. established THK (China) Investment Co., Ltd. in the city and achieved good performance.
Xia Deren said that as a world-renowned bearing, machine tool, and precision linear guide manufacturer, THK has established a good cooperative relationship with Dalian and set up its China headquarters in Dalian, fully demonstrating its high regard for and support of Dalian. Under the current situation of the financial crisis, THK's increased investment in Dalian reflects the far-sighted vision of the enterprise decision-makers and their confidence in Dalian's future development.