Qihang Equipment Company Ltd was formed when machine tools manufacturer Win Yu International Investments reversed into cash shell China Wonder Ltd. The cash and shares deal was valued at RMB130m (£12.3m). Win Yu is based in Zhenjiang, Jiangsu Province, China and it makes lathe and milling machine tools.
Sector: Industrial
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds