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Moric (Suzhou) Electrical Co. Commences Operation

After 8 months’ preparation since registration in July 2005, Moric (Suzhou) Electrical Co., Ltd. held opening ceremony on March 29, 2006. Senior managers of Moric Corporation and Taiwan Moric, and Chinese and foreign representatives from the government, banks, and suppliers witness the historic moment.

Invested by Moric Corporation of Japan and a subsidiary of Taiwan Moric Limited, the newly opened company chiefly produces start-up motors, magnetic generators, ignition foils, control components, and other electrical parts for motorcycles. Moric Corporation is affiliated to Yamaha Engine Group as a core enterprise, which is devoted to all-round development under the concept “harmonized growth between man and nature”. The electrical technology developed for engines is widely applied in communication and transport, sports and leisure, manufacturing, processing, and social undertakings. The current investment in SIP is part of the strategy to develop the market in China, Europe and USA and to globalize its products.

Apr. 6, 2006

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