Yuhuan CNC acquires 33.33% stake in Southern Machine Tool

Yuhuan CNC Machine Tool Co., Ltd. announced the acquisition of a 33.33% equity stake in Hunan Southern Machine Tool Co., Ltd. for RMB 10 million, using its own funds. The move aims to expand Yuhuan CNC's numerical control machine tool business and enhance product diversity.

“The company's Board of Directors approved the acquisition of a 33.33% equity stake in HUNAN Southern Machine Tool Co., Ltd. for a consideration of RMB 10 million using its own funds.”yhcncmachine.com

• 1 source
• yhcncmachine.comYUHUAN CNC Machine Tool Co.,Ltd Acquires Southern Machine Tool: Expanding Business Horizons-Company News-Yuhuan CNC Machine Tool Co., Ltd.Oct 31, 2024

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