On January 29, the signing ceremony for the capital increase and share expansion of Lanzhou LS Heavy Machinery Co., Ltd.(hereinafter referred as LSHM) was grandly held at the LS Group. This signing marks the successful introduction of three heavyweight strategic investors by LSHM: the National Industrial Machine Tool Investment Fund, China Nuclear Industry Fund Management Co., Ltd., and Gansu Xinglong Fund Management Co., Ltd. With a total of 129 million yuan in funds raised, LSHM has entered a critical acceleration period for technological research and development and industrial expansion.
Industrial machine tools are the "heart" of the manufacturing industry, crucial to the security of national industrial and supply chains, as well as to technological self-reliance and self-strengthening. This powerful collaboration precisely aligns with the national strategic direction of vigorously developing the industrial machine tool industry and strengthening key industrial chains. It also deeply addresses the urgent needs of Gansu Province in promoting the qualitative enhancement and upgrading of the industrial machine tool sector.
The three strategic investors each possess distinct advantages, which will inject robust momentum into the development of LSHM. As a national-level core fund, the Industrial Machine Tool Investment Fund will leverage its profound resources in high-end equipment and critical components to help LSHM overcome core technological bottlenecks. Relying on its central state-owned enterprise background and expertise in the nuclear industry supply chain, the China Nuclear Industry Fund will provide strong support for the LSHM's expansion into the nuclear energy equipment market. With deep roots in the local market, the Gansu Xinglong Fund will assist LSHM in connecting with regional industrial resources, accelerating localized deployment and fostering collaborative development.
Wang Zhimin, Deputy Party Secretary and General Manager of Lanzhou LS Group, stated that as a national-level innovative "Little Giant" enterprise, LSHM has accumulated profound technical expertise and market influence. The strategic investors introduced this time will form precise synergies with LSHM in key areas such as technological breakthroughs, supply chain integration, and market expansion, achieving resource complementarity and mutual benefit. He looks forward to all parties innovating cooperation models, deepening comprehensive collaboration, and jointly contributing greater strength to the transformation and upgrading of China's high-end manufacturing industry and the high-quality development of the real economy.
The successful completion of the capital increase and share expansion not only provides solid capital and resource support for the leapfrog development of Lanzhou LSHM, but also marks the beginning of a new journey characterized by deep integration among government, industry, investment, and enterprise in serving national strategies and leading industry innovation. This initiative injects strong momentum into the independent controllability and high-quality development of China's industrial machine tool sector.
