Guangzhou KDT Numerical Control Machinery Co., Ltd. reviewed and approved the "Proposal on Investment and Shareholding in Guangzhou CMEC Robotic Intelligent Equipment Co., Ltd." on July 6, 2020. The company used its own funds to acquire Guangdong Qiaofeng Industrial Co., Ltd. ( Hereinafter referred to as the "transferor") holds 12% of the equity of Guangzhou China Machinery Robot Intelligent Equipment Co., Ltd. (hereinafter referred to as the "subject company" or "China Machinery Robot") (hereinafter referred to as the "underlying assets"). On the same day, the company and the transferor Signed the "Equity Transfer Agreement."
Hongya CNC's investment in the establishment of robots, with its technical experience in the field of robot application system integration, will help the company achieve the goal of coordinated development of the industrial chain of core components, CNC furniture production equipment, and industrial robot system integration.
The application of industrial robots in the furniture industry can effectively improve the level of digital and intelligent furniture manufacturing and meet the needs of customized furniture manufacturing models. Realize the intelligent manufacturing of furniture, and provide efficient support for the whole plant planning and production line transformation and upgrading of intelligent furniture manufacturing.
Basic situation of the transaction target
Name: Guangzhou China Machinery Robot Intelligent Equipment Co., Ltd.
Type: Limited liability company (unlisted, natural person investment or holding)
Address: Room 101, No. 6, Fangda Road, Yunpu Industrial Zone, Huangpu District, Guangzhou
Registered capital: 600,000,600 yuan (RMB)
Business scope: manufacturing of industrial robots; manufacturing of special machinery with independent functions, etc.