On June 27, 2019, the signing ceremony of Shanghai Electric Group's acquisition of the controlling stake in  Anwha (Shanghai) Automation Engineering Co., Ltd.  was held at Shanghai Electric Automation Group.

Signing ceremony site

　　Han Dadong, Director of Intelligent Manufacturing Promotion Department of Shanghai Municipal Commission of Economy and Information Technology, Zhang Ke, Vice President of Shanghai Electric Group, Zhang Mingjie, Chief Investment Officer of Shanghai Electric Group, Jia Tinggang, Secretary of the Party Committee and President of Shanghai Electric Automation Group, Wei Feng, Chairman of Anwha Automation, and Li Jiaquan, President, Shanghai Electric Group Relevant personnel from the Industrial Development Department, Assets and Finance Department, Market Development Department, Legal Department, Shanghai Electric Digital Technology Co., Ltd., representatives of shareholders and management of Anwha Automation Co., Ltd. attended the signing ceremony.

Han Dadong, Director of the Intelligent Manufacturing Promotion Division of the Shanghai Municipal Commission of Economy and Information Technology, attended the meeting to congratulate and deliver a speech

Zhang Ke, Vice President of Shanghai Electric Group, delivered a speech

　　Anwha (Shanghai) Automation Engineering Co., Ltd.  is a high-tech enterprise focusing on providing factory automation solutions. It was established in Pudong, Shanghai in May 2011. Over the past 8 years, with the support of investors, industry customers and partners, and the joint efforts of the founding team and all employees of the company, Anwha has achieved considerable development. The company started with the integration business of automotive powertrain automated production system, and its products and services have been recognized by domestic first-tier manufacturers, and it is now an important level in this market segment.Since 2014, the company has entered the field of new energy vehicles, and has developed into a domestic leading automated production system integration enterprise for new energy three-electric systems (power battery, electronic control, motor) and carbon fiber body parts, serving major car companies and new energy A leader in batteries. The company currently has its corporate headquarters and R&D center in Kangqiao, Pudong, Shanghai, a 20,000-square-meter manufacturing base in the Intelligent Equipment Industrial Park of Wujiang Development Zone, Jiangsu, and branches in Liuzhou, Guangxi, Ningde, Fujian and Chongqing, forming a strong R&D, One-stop system integration capabilities for design, production, installation, commissioning and service.The company's achievements have also been recognized by the government and industry associations. Organization, China Lightweight Material Forming Technology and Equipment Industry Technology Innovation Alliance, and other honorary titles.

Shanghai Electric Automation Group Party Secretary and President Jia Tinggang and  Anwha (Shanghai) Automation Engineering Co., Ltd.  President Li Jiaquan signed the equity transfer agreement on behalf of both parties

　　Shanghai Electric Automation Group "takes products as the basis, technology integration as the direction, and provides system solutions as the business model", focusing on building system solution capabilities in the fields of intelligent transportation, aerospace, new energy, and smart factories; focusing on the development of robots, control Systems, servo systems, instrumentation and other basic automation products and equipment. Shanghai Electric Automation Group attaches great importance to Anwha's profound accumulation in the automotive field, especially in the field of new energy vehicles. After Anwha joins Shanghai Electric Group by transferring its controlling stake, it will be under the leadership of Shanghai Electric Automation Group. On a large platform, fully release the synergy effect of strong alliances, provide more comprehensive and high-quality services for existing industry customers, and further explore new businesses and new industries, and help China's manufacturing industry to transform and upgrade with the help of automation and intelligent technology. A new platform for automation technology and industrial services that combines product development with system integration services, and factory automation software and hardware systems.

　　Stepping on a new starting point and marching towards a new journey, Anwha will not forget the original intention and continue to work hard to realize the vision of "highly intelligent and rejuvenating China"!

Anwha management and shareholder representatives attended the signing ceremony