ESTUN
中文 English
News
Home News

Estun Automation acquired 68% equity of Yangzhou Shuguang Optoelectronics Automation Control Co., Ltd. , and strongly got into military field

date:2017-12-11

On December 11, the controlling subsidiary of Estun Automation Co., Ltd. invested a total of 325.55 million RMB yuan in cash to acquire 68% equity of Yangzhou Shuguang Photoelectric Automation Control Co., Ltd. (Hereinafter called “Yangzhou Shuguang").
Established in 2002, YangzhouShuguangwas engaged in scientific research and production of AC servo systems for weaponry as well as automation equipments special for various types of military weapons such as laser equipment, mechanical microelectronic control system and optoelectronic equipments, etc.Their products are accepted as the key core componentsfor automatic control of weaponry. The products are technically leading in the country and have been widely used in special electronic control equipments such as military ships, vehicles and radars. In particular, the company occupies a significant market share for weapon automation equipmentsin the field of China naval vessels. At present, the company has obtained the Grade 2 confidentiality certificate (certificate number: JSB17017), the certificate of weapon equipment quality system (certificate number: 16JB3199), the scientific research and production license of weaponry (certificate number: XK National defense-01-32-KS-0680) . The company is qualified to engage in scientific research and production of weapons and equipment within the scope of the permission.
The transaction is a merger and investment with synergies focusing on the company'score control functionalcomponents for intelligent equipments. Currently, military and civilian integration has risen to a national strategy, therefore the transaction is an epitaxial development that meets the inevitable development trend of military and civilian integration. The company plans to allocate military resources through this acquisition to build a new business growth point, give full play to the synergies of mergers and acquisitions and promote the company's overall business into the field of military industry. 
Its values are reflected in the followings,
The integration of civil and military has risen to a national strategy. It has been an inevitable development trend of future military and civilian integration to guide high-quality private-owned enterprises and social resources into military research and production. Through this acquisition, the subject assets can rely on the market operation platform of capital operation of listed companies, develop military and civilian industries through absorbing social capital, increase investment in technological development and production capacity, and promote the integration of strategy, finance, manpower, investment and risk control, optimize the allocation of resources and structural adjustment, and guide the healthy development of the industry.
Configuring military resources and building new business growth points. With the implementation of the strategy of strengthening China's armed forces, China's national defense expenditures have been on the increase. Military informatization reform has been deepening. The integration of civilians and civilians is developing rapidly, therefore the military industry will maintain its sustained growth in the future. Estun will make full use of the military resources of Yangzhou Shuguang and help Estun Automation to enter the market of military products. At the same time, Estun will integrate technical resources, human resources and market resources of both companies, through enrichment of product types and extensionof the industrial chain, to create synergies and enhance corporate anti-risk power, whichwill further enhance the company's sustainable development capability and overall competitiveness.
Give full play to the synergy effects of mergers and acquisitions and expand the application areas.Through this acquisition, Estunplanned to have its independent and national industry-leading core technologies in control system, servo system as well as R&D team advantages grafted ontothe existing AC servo system business of Yangzhou Shuguang, which will help Yangzhou Shuguang to expand its business to new fields such as military weaponry for ground force and marine police units, based on the market share it occupies in the existing naval vessel gun field.
Promote robotics and intelligent manufacturing to in depth development in military field.With the help of Yangzhou Shuguang's many years of experience in R&D, manufacturing and quality control of military products, Estun will upgrade the product quality of the robotics and intelligent manufacturing systems to meet the military standards, so as to promoteEstun’s overall business to in-depth development in military field.

      ESTUN has long been engaged in R&D, production and sales of core control function parts of intelligent equipment, industrial robot and intelligent manufacturing system. At present, it not only becomes one of the domestic leading enterprises with core control function parts of high-end intelligent equipment but also rises to the leading enterprise matrix of domestic industrial robot and intelligent manufacturing field with independent technology and core parts by its technical advantages of core parts.


      In the new development stage, company advances the development strategy “dual-core and double-wheel drive”, takes core parts of intelligent equipment as the basis and robot and intelligent manufacturing system as the main engineer in future development, integrates industry Internet and information technology based on its current superior combination of intelligent manufacturing core products, makes the intelligent manufacturing system as the next key development objective, and drives company to rapidly grow in the new development stage.


      ESTUN has two foreign subsidiaries in Turkey and India, 19 domestic offices, 48 domestic and foreign agents and 39 product joint-guarantee service providers.

  

     Please visit www.estun.com for more information about ESTUN.      


©2015-2016 Estun Automation     Co., Ltd. All rights reserved.    

When you have any opinion and suggestion in our product, packaging, transportation, after-service, commerce, response speed or other aspect, please advance it; we will hold the value “Attention, Faith and Growth Together” to serve you professionally, high efficiently, and satisfactorily; * is the necessary filling item; please provide detailed information as possible so that we can serve you better; we will provide the solution to technical problems based on the responding way you like; if you need to send the attachment, please send it to info@estun.com directly.