Yige Machinery obtains strategic financing from Xuguang Electronics

Yige Machinery has recently garnered a strategic investment, and the investor in this round was Xuguang Electronics. After the transaction, Xuguang Electronics became the controlling shareholder of Yige Machinery.

Yige Machinery has recently garnered a strategic investment, and the investor in this round was Xuguang Electronics. After the transaction, Xuguang Electronics became the controlling shareholder of Yige Machinery.

Yige Machinery is a military industry-based supplier based on precision casting and precision machining. It specializes in the design and manufacture of precision castings and precision parts for aviation, aerospace, and guided weapons.

The main products of Yige Machinery include a series of missile parts, various types of avionic chassis, series of photoelectric pod structure parts, aero engine parts, various photoelectric platform parts, and various aircraft parts, which are mainly used in aviation, aerospace, weapons and other military fields.

The products are the core structural components of various high-end military equipment such as aircraft, drones, spaceships, carrier rockets, missiles, etc., and the quality directly affects the technical performance of the aforementioned high-end equipment.

In recent years, Yige Machinery has continuously participated in the research and development of new products for clients. The product structure has been constantly improved and upgraded, and the quantity and quality of products have been continuously improved.

Its clients include more than a dozen large state-owned military research institutes and military factories, and the company is “excellent supplier” and strategic partner of many them.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/14/yige-machinery-obtains-strategic-financing-from-xuguang-electronics/.

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