China enterprise Wan Feng Science and Technology acquired American industrial robot company Paslin.

  Xinhua News Agency, Warren, USA, April 18th (Reporter Shao Li Xu Jing) Zhejiang, China Wan Feng Science and Technology Development Co., Ltd. officially handed over Paslin, an American welding robot application system service provider, which was acquired at a cost of US$ 302 million in Warren, Michigan, USA on the 18th.

  The representative of the purchaser from Wan Feng said that Wan Feng bought Paslin at a high price of US$ 302 million, with the goal of becoming a global leader in welding robot integration system.

  Wu Jinhua, Chairman of Wan Feng Science and Technology, said in an interview that Paslin has accumulated top-level technology and customer base in the field of welding automation in North America. This acquisition will not only help Paslin achieve global development, but also enhance the competitiveness of industrial robot system integration products in Wan Feng and open up the upstream and downstream industrial chain of Wan Feng Science and Technology from robot ontology to large-scale robot system integration.

  According to the International Federation of Robotics data, in 2014, the sales volume of industrial robots in China has reached 57,000 units, accounting for about a quarter of the total global sales. Since 2013, China has continuously won the largest industrial robot market in the world.

  According to reports, the use of industrial robots is mostly concentrated in the automobile industry. Globally, the application of automobile industry accounts for about 40% of the total industrial robots; In China, it accounts for 70%. However, due to the restriction of core technology, it is difficult for industrial robots developed and manufactured by China enterprises to enter automobile enterprises, and the automobile industrial robot market is still monopolized by foreign enterprises.

  Founded in 1937 and headquartered in Warren City, Paslin Company is a leading international welding robot application system service provider, providing automation system solutions for North American automobile industry and heavy industry production, including the three major American automobile companies.

  Wan Feng Science and Technology Development Co., Ltd. is a private enterprise group in Zhejiang — — A subsidiary of Wan Feng Jinyuan Holding Group, which focuses on financial investment and robot intelligent equipment manufacturing. (End)