# Jiangsu Wanjie and Wuxi Changyi to acquire Wuxi Miracle Precision for CNY 150M

Jiangsu Wanjie Optoelectronics Technology Co., Ltd. and Wuxi Changyi Machine Tool Manufacturing Co., Ltd. agreed to acquire Wuxi Miracle Precision Technology Co., Ltd. from Miracle Automation Engineering Co., Ltd. for approximately CNY 150 million.

- Type: Acquisition
- Announced: 2024-08-19
- Where: China
- Value: $21.0M (150.0M CNY)
- Status: announced
- Products: precision components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Miracle Automation Engineering](https://endata.com/companies/39722.md) (partner)
- [Jiangsu Wanjie Optoelectronics Technology Co., Ltd.](https://endata.com/companies/79258.md) (acquirer)
- [Wuxi Changyi Machine Tool Manufacturing Co., Ltd.](https://endata.com/companies/79259.md) (acquirer)
- [Wuxi Miracle Precision Technology Co., Ltd.](https://endata.com/companies/79260.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/MIRACLE-AUTOMATION-ENGINE-6498178/news/Jiangsu-Wanjie-Optoelectronics-Technology-Co-Ltd-and-Wuxi-Changyi-Machine-Tool-Manufacturing-Co--47704431/), 2024-08-19: "Jiangsu Wanjie Optoelectronics Technology Co., Ltd. and Wuxi Changyi Machine Tool Manufacturing Co., Ltd. agreed to acquire Wuxi Miracle Precision 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.