# Liande Automation to acquire 51% stake in Huayang Precision Machinery

Shenzhen Liande Automation Equipment Co., Ltd. signed an investment agreement to acquire a 51% stake in Huayang Precision Machinery Co., Ltd. for a total of 22 million RMB (approximately 101.2 million NTD), through share purchase and capital increase.

- Type: Acquisition
- Announced: 2017-10-24
- Where: Tainan City, Taiwan, TWN
- Value: $3.33M (22.0M CNY)
- Status: announced
- Products: industrial vision inspection equipment, visual measurement equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Shenzhen Liande Automation Equipment Co., Ltd.](https://endata.com/companies/17799.md) (acquirer)
- [Huayang Precision Machinery Co., Ltd.](https://endata.com/companies/17800.md) (target)

## Sources

- [m.cngold.org](https://m.cngold.org/stock/m_gsgg394152.html), 2017-10-24: "公司于2017年10月24日召开第二届董事会第二十一次会议审议通过了《关于签署投资协议的议案》，同意公司以自有资金向华洋公司以支付现金方式收购华洋公司股权及向其增资，交易各方协商同意本次交易总金额为2,200万元人民币。"

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