Feb 8, 2016 – News Today

Chinese high-tech company moves headquarters to Vancouver

A high-tech manufacturing company has signed a memorandum of understanding to relocate its headquarters to Vancouver, in addition to committing to invest $1 million in a research-and-development facility that could create as many as 100 jobs. Zhiye Photoelectric Precision Technology — based in Nanjing, China — signed the MOU with HQ Vancouver on Jan. 28. Officials say Zhiye is the fourth company aided by HQ Vancouver in order to set up regional/global headquarters in the Lower Mainland.