Leveraging Combined Strengths and Uniting for a New Chapter | BOZHON Hosts a Strategic Merger Signing Ceremony with Well-ideal Automation

Recently, Bozhon Precision Industry Technology Co., Ltd. (hereinafter referred to as "BOZHON") and Shanghai Well-ideal Industrial Automation Co., Ltd. (hereinafter referred to as "Well-ideal Automation") formally signed a strategic merger agreement. The signing ceremony was held within BOZHON's technology park. This significant and symbolic moment was witnessed by Lyu Shaolin, Chairman of BOZHON and Huang Lizhi, General Manager of Well-ideal Automation, alongside other senior executives from both parties and representatives associated with the strategic merger project.

Speeches by Leaders

At the commencement of the ceremony, Chairman Lyu Shaolin delivered a speech. He emphasized that this merger represents a pivotal strategic advancement for BOZHON. Leveraging this opportunity, the company will further enhance its automotive automation strategy and establish a multi-faceted business pattern encompassing "3C technology, new energy, and automobiles", thereby enriching its business portfolio. Mr. Lyu highlighted that Well-ideal Automation's expertise, client base, and project experience in automotive intelligent equipment will effectively address BOZHON's gaps in the automotive domain, strengthening its market competitiveness. Moving forward, BOZHON intends to achieve profound integration of diversified operations through measures including technology collaboration, resource sharing, and brand empowerment, improving its comprehensive services in high-end intelligent equipment and advancing its role as a leader in cross-industry industrial automation solutions.

Subsequently, Huang Lizhi, General Manager of Well-ideal Automation, gave a speech. He introduced that Well-ideal Automation specializes in intelligent conveyor systems for the production of automobiles and automotive components. Over the past decade, the company has been awarded the titles of National-level "Little Giant" Enterprise and National High-Tech Enterprise. Mr. Huang emphasized that in the future, Well-ideal Automation will fully integrate into BOZHON's strategic framework, becoming a pivotal contributor to its automotive division. Together, both companies will expand into broader markets in Europe, America, and Southeast Asia. Additionally, Well-ideal Automation will conduct broader resource sharing and technological integration with BOZHON to collaboratively explore new business avenues.

Exchange of Gifts

In a warm and solemn atmosphere, Chairman Lyu and General Manager Huang, as representatives of their respective organizations, officially signed the merger agreement in the presence of all attendees.

The two parties then exchanged symbolic tokens of collaboration and integration. BOZHON presented the "Eye of Wisdom", while Well-ideal Automation reciprocated with a car model.

Finally, Mr. Lyu and Mr. Huang cut a cake symbolizing hope and a bright future together. The ambiance was warm and lively, as attendees eagerly shared the joyous moment.

The signing ceremony of the strategic merger between BOZHON and Well-ideal Automation concluded successfully. We eagerly anticipate that both parties will leverage this merger as an opportunity to deepen their efforts in the automotive automation sector, achieving continuous breakthroughs and success.