Hangji Group and German grinding machine companies form a strategic alliance

After joining the WTO, how to quickly improve the core competitiveness of enterprises in the international market is a subject that must be dealt with in the new historical period when enterprises seek survival and development in market competition. The joint venture with international first-class machine tool companies to build an international strategic alliance is an effective way to rapidly upgrade product technology, integrate into the international market, and achieve the strategic goal of becoming an internationally renowned machine tool enterprise.
On June 9, 2006, Hangzhou Machine Tool Group Co., Ltd. signed a strategic alliance contract with the well-known German machine tool company aba z&b, and determined the cooperation mode. It will invest in the acquisition of a 60% stake in the German company. Aba z&b is one of the four largest surface grinder manufacturers in Europe. aba z&b manufactures high-precision flat, formed, powerful CNC grinding machines, grinding machines with rotary tables, etc. The company's CNC programming software development and grinding wheel dressing technology are in the world grinding machine industry. The leading level. The Hangji Group and the German company's product technology are highly coincident and can quickly achieve mutual integration in technology and concept. After the joint venture, a research and development center will be established in Germany to link with the R&D center in Hangzhou.

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