QYR in News

According to sales data compiled by QYResearch, global planetary reducer sales in 2022 will be US$1.203 billion, of which sales in China will be US$500 million; Japan's Xinbao, Kefeng Intelligent and Newster Dart are the largest players in China's precision planetary reducer market. For major suppliers, the Chinese market shares in 2022 will be 20.4%, 11.7%, and 9.45 respectively. We believe that with this acquisition, the company will quickly enter the field of high-end precision planetary reducers, enrich the company's general reducer series, and have certain synergy effects with the company's existing business, especially the harmonic reducer business, in the industry, which will help strengthen cooperation with Industrial interaction with downstream customers while enhancing company performance.

Source: Securities Star, Tencent.com
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