# Huazhong Numerical Control to acquire Jiangsu Jinming for $2.8M

Huazhong Numerical Control plans to acquire 100% of Jiangsu Jinming, an industrial robot and glass machinery company, for 28 million yuan (approx. $2.8 million) via shares and cash.

- Type: Acquisition
- Announced: 2017-03-06
- Where: China
- Value: $2.80M (28.0M CNY)
- Status: announced
- Products: industrial robots, robot system integration, glass machinery
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Huazhong Numerical Control](https://endata.com/companies/16445.md) (acquirer)
- [Jiangsu Jinming](https://endata.com/companies/16446.md) (target)

## Sources

- [ouzhoujc.com](https://ouzhoujc.com/news-detail/258/258795.html), 2017-03-06: "华中数控公告显示，公司拟向张英、文碧等六名交易对方以发行股份及支付现金相结合的方式购买其持有的江苏锦明100% 股权，股权定价为28，000.00 万元。"

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