Date: 2013-07-31

Sino-Japan Kawasaki Chunhui Precision Machinery (Zhejiang) Co., Ltd Founded in April

Japan Kawasaki Precision Machinery Ltd, a components & parts supplier to China's largest hydraulic excavator, signed the formal agreement with Zhejiang Chunhui Group to establish a Sino-Japan joint venture Kawasaki Chunhui Precision Machinery (Zhejiang) Co., Ltd with the co-investment of 2.5 billion yen on April 15.

The new company will produce high quality key hydraulic parts for China Engineering Machinery Industry.

As a subsidiary of World Top 500 Enterprise Kawasaki Heavy Industries Group, Kawasaki Precision Machinery Ltd takes quite a lot of global market share in the manufacturing field of hydraulic parts for engineering machinery.

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