Hunan Yujing Machinery Co.,Ltd acquired remaining 24% stake in Hunan Yujing New Energy Technology Co., Ltd from Yiyang Local Electric Power Investment Co., Ltd.
March 15, 2023
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Hunan Yujing Machinery Co.,Ltd (SZSE:002943) acquired remaining 24% stake in Hunan Yujing New Energy Technology Co., Ltd from Yiyang Local Electric Power Investment Co., Ltd. on March 15, 2023.
Hunan Yujing Machinery Co.,Ltd (SZSE:002943) completed the acquisition of remaining 24% stake in Hunan Yujing New Energy Technology Co., Ltd from Yiyang Local Electric Power Investment Co., Ltd. on March 15, 2023.
Hunan Yujing Machinery Co., Ltd. is a China-based company mainly engaged in the research, development, design, manufacture and sales of precision computer numerical control (CNC) machine tools. The Company's main products include multi-wire cutting machines and grinding and polishing machines. Its products are mainly applied in cutting, grinding, polishing, drilling and other working operations of hard and brittle materials such as glass, sapphire, silicon materials, magnetic materials and ceramic materials. The Company also provides multi-wire cutting machine technical transformation services. The Company distributes its products in domestic market and to overseas markets.
Hunan Yujing Machinery Co.,Ltd acquired remaining 24% stake in Hunan Yujing New Energy Technology Co., Ltd from Yiyang Local Electric Power Investment Co., Ltd.