Jingwei Haihong is mainly engaged in the research and development and manufacturing of small construction machinery and agricultural machinery such as self-propelled corn harvesters and feed machinery, and has achieved certain market position and business performance in the small construction machinery and agricultural machinery market segments, with a number of product inventions and utility model patents. Taking advantage of Jingwei Haihong's market position and product advantages in agricultural machinery industry, as well as the advantages of Jingwei textile machinery processing capacity, capital and talents, the acquisition will surely achieve a win-win situation.
Huayuan hyperthermia is a high-tech enterprise specializing in research and development, product manufacturing and technical service of hyperthermia technology for human diseases. The company's main products are microwave hyperthermia equipment. In March, 2008, it obtained the national third-class medical device product registration certificate, and in June, 2008, it obtained the Shanghai high-tech achievement transformation certificate. We have applied for 4 invention patents, 4 utility model patents and 3 patent certificates. The company has all legal qualifications and qualifications for the production, sale and service of microwave hyperthermia equipment. Within 3-5 years, the reorganized new company will establish a professional and effective marketing network in the field of medical device distribution, provide a number of hyperthermia products and professional services with world-advanced level to the hyperthermia industry, and strive to help the medical community in China establish the industry standard for evaluating the efficacy of hyperthermia, so as to make the company's products become well-known brands in the domestic market. In order to further accelerate the pace of business restructuring and enhance the company's comprehensive operating strength, the company promoted the acquisition of 36% equity of Zhongrong International Trust Co., Ltd., expanded the company's business scope, improved profitability and created higher returns for shareholders. Make the company's industrial capital and financial capital fully integrated, greatly improving the efficiency of the use of company funds and the return on investment; At the same time, relying on the trust company's financial platform, we can provide financial value-added services to customers in the textile machinery industry and obtain more profits. The successful implementation of the acquisition of the equity project of Zhongrong Trust indicates that the company has taken substantial steps in the fields of finance and equity investment.
Zhongrong International Trust Co., Ltd. is a financial institution approved by China Banking Regulatory Commission. Zhongrong Trust has excellent comprehensive asset management capabilities and accumulated rich experience in the fields of monetary capital market, financial derivatives, real estate investment and venture capital.