Wuhan Huazhong Numerical Control System, Inc. agreed to acquire 24% stake in Changzhou Huashu Jinming Intelligent Equipment Technology Research Institute Co., Ltd. from Changzhou Zhibo Junhe Industrial Investment Partnership Enterprise (Limited Partnership) for CNY 12 million.
August 17, 2021
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Wuhan Huazhong Numerical Control System, Inc. (SZSE:300161) agreed to acquire 24% stake in Changzhou Huashu Jinming Intelligent Equipment Technology Research Institute Co., Ltd. from Changzhou Zhibo Junhe Industrial Investment Partnership Enterprise (Limited Partnership) for CNY 12 million on August 17, 2021. As on June 30, 2021, Changzhou Huashu Jinming Intelligent Equipment had total assets of CNY 147 million and net assets of CNY 37.6 million.
Wuhan Huazhong Numerical Control Co.,Ltd. is mainly engaged in computerized numerical control (CNC) system supporting business, industrial robot and intelligent manufacturing business and new energy vehicle supporting business, as well as the provision of education and teaching program services. Its CNC system supporting business mainly provides CNC system support and services. Its industrial robots and automation business provides multi-joint industrial robots and robotics core components and controllers, as well as intelligent production lines and smart factories overall solutions. Its education and teaching program service business provides professional construction programs, teacher training and training base construction programs. Its new energy vehicle supporting business is mainly engaged in the product development of new energy vehicle servo motors, new energy vehicle drives and new energy vehicle controllers, as well as the technical research of vehicle body weight reduction.
Wuhan Huazhong Numerical Control System, Inc. agreed to acquire 24% stake in Changzhou Huashu Jinming Intelligent Equipment Technology Research Institute Co., Ltd. from Changzhou Zhibo Junhe Industrial Investment Partnership Enterprise (Limited Partnership) for CNY 12 million.