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Yunyi Investment completed an investment in the stock private placement of Huazhong Numerical Control(300161.SZ)

Time:2017-02-20Author:

Recently, Yunyi Investment completed an investment in the stock private placement of Wuhan Huazhong Numerical Control Co., Ltd, a domestic leading company committed to numerical control system production.

Founded in 1994, Wuhan Huazhong Numerical Control Co., Ltd (HNC: 300161.SZ) is one of the leading CNC manufacturers in the world, dedicated to CNC research, development and production,especially specializes in high-end CNC system R&D and possesses independent intellectual copyright and sophisticated core technology, which makes it a competitive brand that can provide state-of-the-art products to end users. Since Yunyi Investment persists value investment philosophy, we recognize the huge potential of future industrial network boom and select the best of best enterprises within specific field via our holistic analysis. Confronted with the policy of "China Smart Production 2025", HNC wants to hone its advantages in the area of auto-system integration through this horizontal extension, eventually achieving synergy effect and contributing to profits. In the future, Yunyi Investment will follow the latest changes of HNC and assist the Secretary of the Board of Directors frequently to arrange subsequent M&A activities.