Headquartered in Kyoto, Japan, nichicon Co., Ltd. is a giant company specializing in the development and manufacture of various capacitors, switching power supplies, automotive electronic circuits and other products. There are 15 manufacturing enterprises in nichicon, four of which are located in China: Tianjin, Wuxi, Suzhou and Suqian. On January 21, 2011, nichicon Group signed a contract with Suqian Municipal Government to set up nichicon Electronics (Suqian) Co., Ltd., becoming the first Japanese enterprise to enter Suzhou-Suzhou Industrial Park. The total investment of the company is USD 200 million, covering an area of 248 mu. The main products are aluminum electrolytic capacitor, thin film capacitor, positive temperature coefficient thermistor "Posi-R", household power storage system, V2H system, EV fast charger, public and industrial power storage system, switching power supply, functional module, accelerator power supply for medical treatment, accelerator power supply for academic research, voltage instantaneous low compensation device and power failure compensation device.