Chongqing Harmony Zhicheng Enterprise Management Partnership Enterprise (Limited Partnership) agreed to acquire a 5% stake in Wuxi Huadong Heavy Machinery Co., Ltd. from Zhou Wenyuan

WUXI HUADONG HEAVY MACHINERY CO.,LTD is a China-based company principally engaged in the research and development, manufacture, installation and sale of container handling equipment. The container handling equipment products of the Company mainly include bridge cranes, rail-mounted gantry crane, tire crane, general gantry cranes and portal crane, among others. The Company is also involved in stainless steel trading business. The Company distributes its products in domestic and overseas markets.