Seven representative enterprises from the coastal city of Yantai in East China's Shandong province showcased their latest technologies and achievements at the Exhibition on Multinationals and China, which is being held in the eastern coastal city of Qingdao, Shandong province from June 19 to 21.

The event is part of the Third Qingdao Multinationals Summit, which kicked off on June 19 in Qingdao, and it showcases new products, technology from both multinational and leading Chinese companies.

At the event, 43 representative exhibits are on display, all of which highlight Yantai's new achievements in intelligent manufacturing, high-end equipment, and information technology.

Yantai CIMC Raffles, a renowned Chinese semisubmersible platform manufacturer, is displaying its first self-designed and constructed jack-up offshore wind power installation ship. The new product will encourage the large-scale and intensive development of the offshore wind power industry, which is critical to the country's carbon peaking and neutrality goals.

Shandong Aerospace Intelligent Technology Company is showcasing its self-developed "6U CubeSat," which is small in size, consumes low amounts of power, and will be widely used in areas such as scientific research, national defense and commercial uses.

A large number of other well-known brands and companies in the city such as Linglong Tire, and Yantai Eddie Precision Machinery Company, which are famous in both China and international markets, are also taking part in the event, and are showcasing Yantai's achievements in scientific and technological development.

Tires made by Linglong Tire are on display at the Exhibition on Multinationals and China in Qingdao, East China's Shandong province, on June 19, 2022. [Photo/Iqilu News]