The frequent mergers and acquisitions in the domestic industrial robot industry have added new variables to the market structure of the robot and laid the foundation for the development of the Chinese industrial robot industry. In the boom of smart manufacturing, industrial robot manufacturers seized the opportunity to adopt a series of mergers and acquisitions initiatives. Some companies realized the expansion of the industry chain within the industry sector, and some companies used the synergies of related technologies to strengthen their position. Some companies passed abroad. The M&A of the manufacturers realizes the introduction, digestion, and reabsorption of high-end technologies, enhances their technical strength, and achieves a double breakthrough in technology and market.
Among the many domestically-produced industrial robot manufacturers that have made acquisitions, Estun has performed well. In the past year, Eston has acquired 4 companies and successively acquired 100% of TRIO (Cuiou), a British sports controller manufacturer, 30% of Barrett Technology, a US high-tech company, and 50.01% of German MAI. Yangzhou Shuguang Optoelectronics Co., Ltd. 68% equity. Eston said that as the UK's TRIO, a world leader in motion control industry, its motion controllers are highly complementary to Eston's AC servo products, and cooperation with BARRETT will expand Eston's development in micro servo systems. Research and manufacturing of human-robot collaborative intelligent robots and rehabilitation robots. At the same time, with the aid of MAi products and technology platforms, Eston's robotic applications can transform from low to medium to high-end, and build Eston’s full-industry chain competitiveness from core components and robot ontology to large-scale intelligent manufacturing systems. Yangzhou Shuguang is principally engaged in the research and production of various types of military weapon-specific automation equipment. It is technically the leader in China. The acquisition of Yangzhou Shuguang will help Estun to enter the military industry.
Evert acquired two companies, namely Italian well-known automotive equipment and robot system integrators WFC and Italy ROBOX. Through the acquisition of WFC, Eft was able to improve its downstream industrial chain of industrial robots, and entered the world famous automobile and aviation brands. Level supplier system. The Italian ROBOX has internationally advanced standards in the design and production of electronic controllers and programming languages ​​for robots and motion control systems. Efforts will be able to realize the introduction, digestion, and reabsorption of related technologies through its acquisition.
Topstar acquired a 20% stake in Dongguan Noda Intelligent Equipment Co., Ltd., and Xinshida acquired a 100% stake in Shanzhi. In addition to these companies that have already completed mergers and acquisitions, there are also some announcements that have been issued to acquire domestic industrial robot companies of related companies. Huachangda announced on October 27 last year that it intends to acquire RobotSystemProductsinScandinaviaAB, a Swedish robot service solution company, and Jiangxi Changxing Aviation Equipment Co., Ltd. and Jingdezhen Xinghang Technology Development Co., Ltd. On January 19 this year, Xinsong issued an announcement to acquire 80% of the shares of a company set up in the factory automation business (FA business) in Shenyang, South Korea.
Looking at the above mergers and acquisitions, it can be seen that the domestic industrial robot companies’ large-scale acquisitions are precisely recognizing the limitations of their own development. They hope to use M&A or enrich their strengths from the market or from the technology aspect. This forfeit reflects the domestic industrial robot companies in the market. The ambitious competition, as well as the strong confidence in the industrial robot industry under the wave of smart manufacturing. At the same time, the domestic M&A of industrial robots also reflects a pain point that can not be ignored. That is, some domestic industrial robot companies lack the capability of independent innovation. They hope to adopt acquisitions, market-for-technology, and the introduction, digestion, and reabsorption of foreign advanced technologies. In the current situation where the core components of industrial robots are subject to human control, it is difficult to get rid of this situation through the acquisition of some related companies. Such as the precision reducer of the core components of the robot is basically monopolized by Nabtesco and Hamernako of Japan. If it is unable to truly achieve the breakthrough of the core components, domestic industrial robots cannot avoid the situation of dressing for others.
The author believes that in addition to the introduction, digestion, and reabsorption of industrial robot-related technologies through large-scale mergers and acquisitions, domestic industrial robot companies need to intensify innovation and achieve independent research and development of robot core components, and break the monopoly of foreign companies before they can truly be on the international market. Gain competitive advantage.
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