# XZB plans joint venture for precision transmission components

XZB announced plans to jointly invest with Zhejiang Tuoman Intelligent Technology and Sun Lisong to establish Hangzhou September Eight Precision Transmission Technology Co., Ltd. XZB will contribute 77 million RMB for a 77% stake. The total project investment is approximately 500 million RMB.

- Type: Investment
- Announced: 2025-04-28
- Where: Hangzhou, China
- Value: $10.7M (77.0M CNY)
- Status: announced
- Products: rolling ball screws, rolling screws, precision transmission components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [XZB](https://endata.com/companies/84412.md) (investor)
- [Zhejiang Tuoman Intelligent Technology](https://endata.com/companies/84413.md) (partner)
- [Sun Lisong](https://endata.com/companies/84414.md) (partner)

## Sources

- [longbridge.com](https://longbridge.com/en/news/237812101), 2025-04-28: "XZB announced that the company plans to jointly invest with Zhejiang Tuoman Intelligent Technology Co., Ltd. and Mr. Sun Lisong to establish Hangzhou September Eight Precision Transmission Technology Co., Ltd., with a registered capital of 100 million RMB, of which XZB will contribute 77 million RMB"

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