YAWEI(002559)2022-12-03 10:28Group 1: Company Overview and Strategic Partnerships - Jiangsu Yahui Machine Tool Co., Ltd. is actively developing precision laser processing equipment and expanding into markets such as display panels, new energy, and semiconductors through a dual strategy of "going out and bringing in" [2] - The company has established a wholly-owned subsidiary, Jiangsu Yahui Precision Laser Technology Co., Ltd., to collaborate with Korean KOSDAQ-listed company LIS Co., Ltd. in the precision laser field [2][3] - LIS Co., Ltd. is a leading manufacturer of precision laser processing equipment, primarily serving the flexible OLED laser processing market in China [3] Group 2: Investment and Shareholding - Yahui Precision Laser plans to acquire 21.96% of LIS Co., Ltd., making it the largest shareholder [3] - A joint venture will be established in China, with LIS contributing its laser processing technology for OLED and new energy sectors [3][4] Group 3: Impact on Future Development - The collaboration is expected to enhance Yahui's capabilities in high-end laser processing equipment, targeting advanced applications in OLED displays, solar cells, and lithium battery materials [4][5] - The joint venture aims to increase the localization rate of high-end display panel production equipment in China, promoting self-sufficiency in related processes [5] Group 4: Future Development Plans - In 2019, the company will focus on a three-year strategic development plan, emphasizing rapid growth in business scale and enhancing competitiveness in the metal forming machine tool sector [6] - The strategy includes expanding the laser processing equipment business and developing new intelligent manufacturing solutions, aiming to become a world-class supplier of high-end equipment and intelligent manufacturing solutions [6]