# Ying Hua Precision and Jie Bang International to merge, Ying Hua as surviving company

Ying Hua Precision and Jie Bang International have approved a share swap merger, with Ying Hua as the surviving company, to pave the way for future acquisitions of Japanese auto parts companies.

- Type: Acquisition
- Announced: 2019-01-28
- Where: TWN
- Status: announced
- Products: powder metallurgy parts, electric tool gearboxes, ABS brake module parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ying Hua Precision](https://endata.com/companies/36937.md) (acquirer)
- [Jie Bang International](https://endata.com/companies/36938.md) (target)

## Sources

- [chinatimes.com](https://www.chinatimes.com/realtimenews/20190128003501-260410), 2019-01-28: "能率集團旗下應華精密及捷邦國際兩公司今(28)日召開董事會通過換股合併，應華百分之百取得捷邦股票，換股後應華為存續公司，捷邦將下櫃。"

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