Baoshan Iron & Steel Co., Ltd. and FinDreams Battery invested in a subsidiary of XCMG Machinery.
According to US Stock Research Society, Tianyancha App shows that recently, Jiangsu Huizhi High-end Construction Machinery Innovation Center Co., Ltd. underwent industrial and commercial changes, with new shareholders including Baoshan Iron & Steel Co., Ltd. (600019), BYD Battery Co., Ltd., Hengli Hydraulics (601100), and Edifier Precision (603638). The company's registered capital increased from 100 million RMB to approximately 138 million RMB.
Jiangsu Huizhi High-end Construction Machinery Innovation Center Co., Ltd. was established in January 2018, with Shan Zenghai as its legal representative. Its business scope includes technology R&D, transfer, service, and consultation in the fields of construction machinery, agricultural machinery, and general basic components, as well as the R&D, production, sales, and service of hydraulic components, hydraulic systems and complete sets of equipment, transmission components, transmission systems and complete sets of equipment, and industrial automatic control electronic equipment. The largest shareholder is Jiangsu XCMG Construction Machinery Research Institute Co., Ltd., a subsidiary of XCMG Machinery (000425).
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