Yue Hongyuan A has announced plans to acquire 100% equity of Shenzhen Jinwangda Electromechanical Co., Ltd. for RMB 550 million in cash. Jinwangda Electromechanical specializes in the manufacturing of precision transmission components, with core products including precision linear guides and precision ball screws. These products are widely used in high-end automation sectors such as new energy, 3C electronics, display panels, automotive manufacturing equipment, and medical care.
