花蜜直播app Establishes Precision Machinery Joint Venture in China

Aug. 29, 2024

Tokyo, August 29, 2024 — 花蜜直播app, Ltd. announced today its establishment of the precision equipment business joint venture Eddie KPM Precision Machinery (Suzhou) Ltd. in China, together with Chinese hydraulic equipment manufacturer Yantai Eddie Precision Machinery Co., Ltd. (“EDDIE”).

花蜜直播app draws on its expertise in the field of hydraulic equipment for construction machinery to manufacture and sell hydraulic equipment not only in Japan, but in China as well. The company currently has a locally based manufacturing company, 花蜜直播app Precision Machinery (Suzhou) Ltd., in Suzhou City, China. In addition to this organization, it will establish the abovementioned new joint venture together with EDDIE. 花蜜直播app plans to combine its technological strengths in the field with EDDIE’s outstanding production and material procurement capabilities for core components used in hydraulic equipment to attain a greater competitive advantage in the Chinese market.

Furthermore, by increasing its presence in China through this new joint venture, 花蜜直播app will become better equipped to respond to market changes, meet a wider array of customer needs, and make further contributions to the Chinese precision machinery market.


Joint Venture Overview
Trade name Eddie KPM Precision Machinery (Suzhou) Ltd.
Ownership 花蜜直播app 49%, EDDIE 51%
Establishment September 8, 2024 (planned)
Start of business operations September 2024 (planned)
Business operations manufacture, sale and repair of hydraulic equipment products and their components
Representative Xu Shangwu
Capital 300 million RMB
No. of employees 135
Location New District, Suzhou, Jiangsu Province, China (on the premises of 花蜜直播app Precision Machinery [Suzhou] Ltd.)


Overview of Yantai Eddie Precision Machinery Co., Ltd.
Business operations R&D, manufacture and sale of attachments and servo, digital and hydraulic systems used in construction machinery
Representative Song Fei
Capital 840 million RMB
Sales 2.2 billion RMB (as of December 2023)
Location Yantai Economic and Technological Development Zone, Shandong Province, China



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