en.Wedoany.com Reported - China's Yawei Shares and Haitian Drive signed a comprehensive strategic cooperation agreement in Yangzhou, committing to an exclusive, all-round strategic partnership in the field of servo press products. The signing ceremony was held on June 16, with key leaders and business heads from both sides attending and witnessing the event, including Leng Zhibin, Chairman and General Manager of Yawei Shares; Pan Enhai, Director and Deputy General Manager; Li Xingbao, Deputy General Manager and General Manager of the Sheet Metal Laser Equipment Division; Li Chao, Director of Press Automation Technology; Li Wei, Director of Production Procurement; Zhou Lufang, General Manager of Haitian Drive; Zhuo Lihui, Deputy General Manager of Global Regional Lines; Zhao Liangliang, Industrial Automation Industry Manager of Global Industry Lines; Zhu Ningdi, General Manager of Drive and Control Product Lines; and Liang Bo, Regional Manager for Jiangsu and Anhui.
During the signing ceremony, both parties engaged in in-depth discussions on their respective development status, technical advantages, and future cooperation prospects. As the first listed company in China's metal forming machine tool industry, Yawei Shares specializes in digital, flexible, automated, and intelligent metal sheet processing solutions, ranking among the top in the industry in terms of scale and profitability. Haitian Drive, one of the six pillar industries of Haitian Group, covers three major business areas: industrial automation, off-road mobile machinery, and industrial hydraulics. With deep expertise in servo drive and control technology, its products have been successfully deployed in high-end equipment applications.
Based on the principles of equality, mutual benefit, complementary advantages, resource sharing, and common development, both parties formally established a long-term, stable strategic partnership and will engage in an exclusive, all-round strategic cooperation in the field of servo press products. This collaboration will combine Yawei Shares' technical expertise in metal forming equipment with Haitian Drive's strengths in servo drive and control systems, jointly enhancing the performance and market competitiveness of servo press products.
Yawei Shares stated that it will leverage this strategic cooperation as an opportunity to accelerate the development of its servo press business, providing support for catching up with international advanced levels in metal forming machine tools and promoting high-quality development in the industry.
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