# Tuopu CNC plans to acquire at least 70% stake in precision CNC machine tool target

Tuopu CNC signed a non-binding letter of intent to acquire at least 70% equity in a target company that develops multi-axis multi-channel CNC machine tools and direct-drive high-speed five-axis machine tools, used in 3C precision components, AI liquid cooling plates, humanoid robot joints, and new energy vehicle parts.

- Type: Acquisition
- Announced: 2026-10-20
- Where: China
- Status: announced
- Products: multi-axis CNC machine tools, direct-drive high-speed five-axis machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Target](https://endata.com/companies/9243.md) (target)
- [Tuopu CNC](https://endata.com/companies/94653.md) (acquirer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1509728.html), 2026-10-20: "于2026年10月20日，公司与一名潜在卖方及一家目标公司订立不具法律约束力的意向书，该公司拟收购目标公司不少于70%股权。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.