# Weihua Group invests RMB 100M in new subsidiary for bulk material handling

Weihua Group invested RMB 100 million to register a subsidiary, Henan Weihua Heavy Industry Technology Co., Ltd., specializing in material conveying machinery, bucket wheel machines, and mining machinery. The subsidiary was officially approved in April 2019.

- Type: Investment
- Announced: 2019-04-01
- Where: Changyuan, Xinxiang, Henan, China
- Value: $14.5M (100.0M CNY)
- Status: announced
- Products: belt conveyor, bucket wheel stacker reclaimer, mining machinery
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Henan Weihua Heavy Industry Technology Co., Ltd.](https://endata.com/companies/39298.md)
- [Weihua Group](https://endata.com/companies/25302.md) (investor)

## Sources

- [weihuacranefactory.com](https://www.weihuacranefactory.com/news/congratulations-on-establishment-of-henan-weihua-heavy-industry-technology-133064.html), 2019-05-05: "Weihua Group invested RMB 100 million to register a subsidiary-Henan Weihua Heavy Industry Technology Co., Ltd."

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