Heshuo acquires two mainland parts factories

According to the Taiwan Economic Daily, the Heshuo Board of Directors passed a proposal yesterday to acquire the two companies, “RiTeng Computer Accessories” and “RiGi Precise Mold”, both of the mainland's metal parts makers, at prices not exceeding US$220 million, and strengthen their vertical integration capabilities. Compete with Hon Hai.

This was the biggest expansionary move by Heshuo after he was separated from ASUS. Lin Shuo, chief financial officer of Heshuo, stated that Heshuo was deeply rooted in the field of plastic parts in the past. Both RiTeng and Niguii specialize in metal machine components, which will produce complementary effects. It is important for Heshuo to vertically integrate the components. milestone.

Mr. Tong Zixian, chairman of Heshuo, once stated that the most basic parts and materials technologies in the technology industry, such as slave components, stamping parts and molds, are solid and are the most proud of the company. Like ASUS's first metal wire drawing case in the past few years, the industry is refreshing. It is from the hands of the current team, and the company's acquisition of the company's strength is expected to be even more powerful.

Cheng Shuo-Chang, CEO of Heshuo, said recently that the development progress of new customers and new orders after Heshuo splits is quite good, and the benefits will gradually emerge from the second half of this year. “There is a very good opportunity next year.” Market interpretation, and the acquisition of Heshuo, will be one of the company's important growth momentum in the future. With complementary effects, Heshuo will take orders from more international manufacturers and compete with Hon Hai.