---
title: "Chuangli Group plans to spend CNY 66.3286 million to acquire a 56.94% stake in Zhongmei Hydraulic to achieve business complementarity and synergistic value enhancement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233848007.md"
description: "Chuangli Group's wholly-owned subsidiary, Zhejiang Zhongmei Machinery Technology Co., Ltd., plans to acquire a 56.94% stake in Zhongmei Hydraulic for 66.3286 million yuan, aiming to enhance market competitiveness through horizontal integration and achieve business complementarity and synergistic value addition. This acquisition will transform Zhongmei Technology from a primarily \"mechanical\" focus to an integrated electromechanical and hydraulic operation, expand its professional field, address shortcomings in automation control, and lay the foundation for future intelligent solutions"
datetime: "2025-03-31T08:55:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233848007.md)
  - [en](https://longbridge.com/en/news/233848007.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233848007.md)
---

# Chuangli Group plans to spend CNY 66.3286 million to acquire a 56.94% stake in Zhongmei Hydraulic to achieve business complementarity and synergistic value enhancement

According to the Zhitong Finance APP, Chuangli Group (603012.SH) announced that its wholly-owned subsidiary Zhejiang Zhongmei Machinery Technology Co., Ltd. (referred to as "Zhongmei Technology") intends to acquire a total of 56.94% equity in Zhejiang Zhongmei Hydraulic Machinery Co., Ltd. (referred to as "Zhongmei Hydraulic" or "target company") from Zhongmei Machinery Group Co., Ltd. (referred to as "Zhongmei Machinery Group"), Yang Hao, Cai Haiying, Shi Zhaoyu, Shi Yunnan, Yang Jiaping, Yang Yong, Bao Jingyan, and Bao Jingwei for a cash amount of 66.3286 million yuan.

The purpose of this transaction is to strengthen market competitiveness through horizontal integration, achieving business complementarity and synergistic value addition. Zhongmei Technology and Zhongmei Hydraulic both belong to the coal machinery equipment industry, with a highly overlapping customer base (mainly coal mining enterprises and mining equipment integrators). After acquiring Zhongmei Hydraulic, the company will shift from its current focus on "machines" to an integrated operation of electromechanical and hydraulic systems, further expanding its professional field. This can effectively address Zhongmei Technology's current shortcomings in automation control, laying the foundation for future pump-valve linkage and electromechanical-hydraulic integration professional layout, as well as establishing a basis for the future development and sales model of fully automated and intelligent solutions for working faces. Additionally, although there is no direct supply chain relationship between the two parties, there is a high degree of synergy in product applications at the end-user level, jointly serving the mechanized mining scenarios in coal mines

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