5th Yada and Panasonic Senior Management Meeting Held in Beijing

On the afternoon of May 25th 2020, Chairman of Yada International & Founding Partner of Yada Capital Mr. Jiang Jianning and CEO of Panasonic China & Northeast Asia Company Mr. Tetsuro Homma held the fifth senior management meeting at Panasonic’s Beijing Headquarters. They reviewed and summarized the work achievements since the commencement of Yada Panasonic Community cooperation, had a full exchange on advancing the project smoothly in the next phase, and reached a consensus to the high extent. In the meeting, both sides officially signed Yada Panasonic Community Strategic Cooperation Agreement.

Both sides highly spoke of the work achievements made during community planning, layout design and community mockup products selection in the past one year through effective and down-to-earth close cooperation. Both sides are determined to build Yada Panasonic Community at Yixing Yada HEP, Jiangsu with the theme of modern wellness & aged-care, based on healthy, safe & convenient Panasonic products, and highlights the international (especially Japanese) design and product concept. The Project, covering about 440 mu with north & south zones and 210,000 m2 floor area, will start construction recently. The mockup zone will be finished by June 2021. Panasonic Health Life and Cultural Creation Hall within the Community will fully display the healthy lifestyle and smart life space of Panasonic.

The meeting affirmed that Panasonic and Yada has established firm partnership during the past years’ cooperation. It is believed that, Yada Panasonic Community will be a proud sample in Chinese and Japanese aged-care field with both teams’ unremitting efforts.

The meeting was also attended by Senior Vice President of Panasonic China & Northeast Asia Company Mr. Kiyoshi Otaki, Space Innovation Integration Department Manager of Residential Space Section Mr. Shigeto Yuasa, Deputy Manager Mr. Huang Zhongming, Vice President of Yada Capital Mr. Li Suiching, Administration Director Mr. Liu Xuezhong and Vice President of Yada Senior Living Group Mr. Hankui.