According to the official announcement of Huace, in May, 20021,a wholly-owned subsidiary acquired Germany Yima in cash. By expanding the business layout of the two companies, China Inspection acquired German Yima and cooperated with domestic automobile industry chain inspection services. The significance lies in improving the global service ability of automobile inspection, creating more jobs and building the strategic fulcrum of CTI China inspection globalization.
CTI China Testing and Testing Co., Ltd. is a leading third-party testing and certification institution in China, with strong strength and abundant funds. This acquisition will further expand the global motor vehicle testing market.