Does Fu Wei Precision Machinery belong to Fu Wei Group?

Fu Wei Precision Machinery belongs to Fu Wei Group.

The largest shareholder of Fu Wei Group (Wuxi Fu Wei Hi-Tech Group Co., Ltd.) is Wuxi Industrial Development Group Co., Ltd., and the second largest shareholder is Bosch Group. Fu Wei Precision Machinery Manufacturing Co., Ltd. is a large state-owned enterprise invested by Wuxi Fu Wei High-tech Co., Ltd., a domestic A-share and B-share listed company with excellent performance, and natural persons.

A limited liability company with legal personality, independent operation and self-financing. It owns wholly-owned or holding subsidiaries such as Wuxi Fu Wei Industrial Company, Wuxi Zhong Yi Gear Co., Ltd., Wuxi Intepa Fu Wei Hydraulic Co., Ltd. and Wuxi Kaibi Gear Technology Co., Ltd.