Yantai Eddie Precision Machinery Co., Ltd. and Kawasaki Heavy Industries, Ltd. of Japan plnned to jointly establish a subsidiary, Eisaki Precision Machinery (Suzhou) Co., Ltd., in Suzhou, Jiangsu Province in September 2024, with a registered capital of 300 million RMB (42 million USD). Eddie Precision contributed 51.00% of the capital, while Kawasaki Heavy Industries contributed 49.00%. Eisaki Precision’s main business is the research, production, and sales of high-end hydraulic pumps, hydraulic valves, and hydraulic rotary motors.
Kawasaki Heavy Industries has a long history of a century in the research and production of hydraulic components. Its products are widely used in multiple fields with high demands for hydraulic components. It is a leading manufacturer of hydraulic systems and components, holding an important industry position and technological advantage in the global hydraulic market.
Eddie Precision is a domestic enterprise with many years of experience in manufacturing high-end hydraulic components. With rich product content and complete varieties, it has always focused on technological innovation and research and development investment in its products, achieving excellent results in the industry. It is an important strategic partner for well-known domestic and foreign host manufacturers and has made significant contributions to the localization of hydraulic components in the domestic excavator industry.
Through the cooperation to establish a joint venture company, both parties will leverage their respective strengths, integrate effective resources, further enhance their technological level and manufacturing capabilities, thereby improving the technical competitiveness, cost competitiveness, and market competitiveness of their products, as well as increasing their market share.
The high-end hydraulic components market has high technical barriers, a wide variety of products, and a broad application market. As one of the world-renowned hydraulic component companies, Kawasaki’s cooperation with Eddie will provide mutual complementarity in terms of technology and processes. Looking towards the future, the two parties will collaborate closely on high-end hydraulic component technology for the next generation of engineering machinery, contributing to the development of China’s engineering machinery industry.
If you are interested in purchasing excavators from Xemach, which collaborates with Eddie and Kawasaki, please feel free to inquire for more information.
https://www.xemach.com
https://en.zhikejixie.alibaba.com
whatsapp: 0016692924923
wechat: xemach.