--- title: "Huasu Holdings plans to jointly establish a precision CNC machine tool production base with Youchuang Intelligent and Zhonggu Lianchuang" type: "News" locale: "en" url: "https://longbridge.com/en/news/252211368.md" description: "Huasu Holdings has signed an investment cooperation agreement with Youchuang Intelligent and Zhonggu Lianchuang to jointly invest in the establishment of Hubei Hongchuang Intelligent Equipment Co., Ltd., with a registered capital of 40 million yuan. Huasu Holdings will invest 18 million yuan, holding a 45% equity stake; Youchuang Intelligent will invest 16 million yuan, holding a 40% equity stake; Zhonggu Lianchuang will invest 6 million yuan, holding a 15% equity stake. The joint venture will build a precision CNC machine tool production base in the Xiaogan Laser Industrial Park for related production and sales" datetime: "2025-08-08T11:01:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/252211368.md) - [en](https://longbridge.com/en/news/252211368.md) - [zh-HK](https://longbridge.com/zh-HK/news/252211368.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/252211368.md) | [繁體中文](https://longbridge.com/zh-HK/news/252211368.md) # Huasu Holdings plans to jointly establish a precision CNC machine tool production base with Youchuang Intelligent and Zhonggu Lianchuang According to the Zhitong Finance APP, Huasu Holdings (000509.SZ) announced that the company recently signed an "Investment Cooperation Agreement" with Shenzhen Youchuang Intelligent Equipment Co., Ltd. (referred to as "Youchuang Intelligent") and Zhonggu Lianchuang (Wuhan) Laser Technology Co., Ltd. (referred to as "Zhonggu Lianchuang") and completed the industrial and commercial registration. They jointly invested to establish Hubei Hongchuang Intelligent Equipment Co., Ltd., with a registered capital of 40 million yuan. The agreement stipulates that Huasu Holdings will contribute 18 million yuan in cash, holding 45% of the joint venture's equity; Youchuang Intelligent will contribute 16 million yuan in cash, holding 40% of the joint venture's equity; and Zhonggu Lianchuang will contribute 6 million yuan in cash, holding 15% of the joint venture's equity. Zhonggu Lianchuang agrees to align with the company on major decision-making matters of the joint venture and sign a "Consistent Action Agreement." After the transaction is completed, the company will be the controlling shareholder of the joint venture. The announcement shows that the establishment of the joint venture company with Youchuang Intelligent and Zhonggu Lianchuang aims to build a precision CNC machine tool production base in the Xiaogan Laser Industrial Park, equipped with intelligent equipment production lines, engaging in the production, manufacturing, and sales of precision machine tools ### Related Stocks - [Huasu Holdings (000509.CN)](https://longbridge.com/en/quote/000509.CN.md) ## Related News & Research - [Botswana Minerals Says Co Has Prioritised Capital Allocation Towards Copper And Other Critical Minerals](https://longbridge.com/en/news/279221852.md) - [Kitron Wins Major Counter-Drone Systems Contract to Bolster Defence Growth](https://longbridge.com/en/news/279251125.md) - [Ct Vision (International) to expand into commercial aerospace business](https://longbridge.com/en/news/279295015.md) - [WhiteHawk Energy to acquire Haynesville Shale natural gas assets](https://longbridge.com/en/news/279118643.md) - [XTI Aerospace Forms Defense-Focused Drone Subsidiary in Texas](https://longbridge.com/en/news/279269477.md)