Gelonghui November 8th 丨Guomao Co., Ltd. (603915.SH) announcedIn order to further expand the product line horizontally and enhance the company's competitiveness in the field of downstream industrial automation, on November 8, 2023, the company collaborated with Modoli Transmission shareholders Guan Xiang, Li Zemin, Ge Yihuai, and Modoli ChuenThe “Stock Transfer Intent Agreement” was signed, and the parties reached a preliminary agreement on the company's intention to acquire 65% of Modoli Transmission's shares in cash. After the transaction is completed, the company expects to achieve financial consolidation with Modoli Transmission.
The main business of Modoli Transmission is the R&D, production and sale of precision planetary reducers. Precision planetary reducers are usually used in conjunction with servo motors, and are widely used in high-end equipment fields such as laser cutting machines, CNC machine tools, robots/manipulators, lithium battery equipment, photovoltaic equipment, printing equipment, etc.
If this equity transfer is completed, the company will further improve the general speed reducer product line, and use the target company's production capacity and distribution channels to quickly enter the field of precision planetary reducers and expand its layout in downstream industrial automation fields such as laser cutting machines, CNC machine tools, and robots/robots. At the same time, the target company's products and the company's existing business, especially the harmonic reducer business, have a certain industrial synergy effect, which is conducive to strengthening industrial interaction with downstream customers.