About us

About us

Our parent company – Anhui Ouqiao Industrial Co.,Ltd. – was established in March 2019 in Anhui province, with a registered capital of 300 million yuan. Since it’s establishment, the company positioned itself in the fields of high-tech product R&D, incubation, new energy product R&D, smart appliances, warehousing services, logistics, crossborder e-commerce, trade exhibitions. Our company – Hungary Ouqiao Industrial Kft. – is a wholly owned subsidiary of Anhui Ouqiao Ltd. It was established in May 2019. Through us, our parent company shall expand it’s overseas market, realize the company’s vertical integration strategy.

Ikarus Park

In July 2019 Hungary Ouqiao Industrial Kft successfully bid for the previous Ikarus factory in Budapest’s 16th district. Although, the initial investment was less, than 10M euro, the planned total investment will be in the range of hundreds of million euros. When the Park fully launched will employ over 1000 people and the annual output value shall exceed 500 millio euros, based on our estimates.

Ikarus Park shall be a shining example of the two countries (Hungary&China) friendship and economical success of the Belt and Road strategic cooperation.