According to a comprehensive foreign news report, the German Lenny Group has acquired a 51% stake in Wuhan Hengtong Automotive Wire Harness Co., Ltd. Since then, Lenny, the leading supplier of wire harness systems in Europe, will become a component supplier to Dongfeng Motor Corporation and will use this as an opportunity to accelerate its development in the Asian market.
Lenny and Hengtong have signed an acquisition contract a few days ago. According to the agreement, Lenny will hold a majority stake in the latter and become a component supplier to Dongfeng Motor. Moreover, the supplier will produce and supply wire harness systems for local Chinese automakers, especially Dongfeng Motor, China's second largest automaker. In the first phase of the project, Lenny will supply a wire harness system for Dongfeng and PSA's joint venture, Shenlong Automobile.
Located in Hubei Province, Wuhan Hengtong has a factory area of ​​over 13,000 square meters and employs nearly 1,000 people. Hengtong Auto Wire Harness is expected to have a turnover of 35 million Euros in 2016. Lenny said that the company's turnover will be raised to hundreds of millions of euros.
After the acquisition, the performance of Wuhan Hengtong will be fully included in the financial report of the Lenny Group. Lenny is expected to spend three months to complete the acquisition of Hengtong.
Shenzhen city Jin Yuan Kang Industrial Co. Ltd. specializes in Metal Plating processing services, the company was founded in 1999, is located in the convenient transportation of Shenzhen Pingshan new district. Plant area of 40000 square meters, the existing staff of 800 people, hire an experienced engineer for technical assurance, quality evaluation by customers, to the industry has a good reputation. The international market to meet the green environmental protection requirements. Production of raw materials and electroplating products are tested by SGS, in line with the EU and the United States standards. The company's production of electroplating products is the use of advanced automated production equipment manufacturing, the use of advanced electroplating technology, in the industry to reach the leading level. Our customers trust and support, we will continue to "ensure the quality, customer satisfaction" for the purpose of service, and constantly update themselves, learning new technology, develop new products, to meet the needs of high-tech development! The purpose of the metal plating is to deposit the metal coating on the base material to change the surface property or size of the substrate. Metal plating can enhance the corrosion resistance of metal (plating metal more corrosion resistant metal), increase hardness, prevent wear, improve conductivity, lubricity, heat resistance and surface appearance. Technology for depositing a metal coating with good adhesion, but different properties of the substrate material, on the mechanical products by electrolysis. Metal plating layer is uniform, generally thinner, ranging from a few microns to tens of microns. By electroplating, the product can be obtained on the decorative protective and a variety of functional surface layer, but also to repair the wear and processing errors of the workpiece. In addition, there are different roles according to various plating requirements.
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Jin Yuan Kang Industry Co., Ltd. , http://www.jykplating.com