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Yishi Precision Acquires Hengjin Electromechanical, Expands into Metal 3D Printed Liquid Cooling Systems

2026-05-27 · Impact score: 38

Yishi Precision (920221.BJ), a leading precision components company listed on the Beijing Stock Exchange, announced plans to acquire 100% equity of Hengjin Electromechanical in cash, expected to constitute a major asset restructuring. Hengjin is a wholly-owned subsidiary of Korea's BMC, specializing in automotive electronic control system components and sensitive sensors, with estimated annual revenue exceeding RMB 175 million. This acquisition will strengthen Yishi's integrated capabilities in precision mechanics and automotive electronics, enabling customer sharing and margin improvements. Additionally, in May, the company signed a strategic cooperation framework agreement with Germany's IQ Evolution GmbH, focusing on liquid cooling systems through collaborative development of copper/aluminum additive manufacturing and microchannel liquid cooling plates. This targets high-growth markets including automotive, computing, energy storage, and telecom base stations, transitioning from single-process machining to integrated precision mechanics, automotive electronics, and metal 3D printing solutions.

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易实精密并购恒进机电，拓展金属3D打印液冷系统赛道

北交所精密零部件龙头易实精密（920221.BJ）公告拟现金收购恒进机电100%股权，预计构成重大资产重组。标的公司为韩国BMC全资子公司，主营汽车电子控制系统部件、敏感元器件，预计营业收入规模或达1.75亿元以上。本次并购将补强公司“精密机械+汽车电子”一体化能力，有望实现客户共享与毛利率提升。此外，公司于5月与德国IQ Evolution GmbH签署战略合作框架协议，聚焦液冷系统赛道，围绕铜/铝增材制造、微通道结构液冷板展开深度协同，开拓汽车、算力、储能、通信基站等高景气市场，从单一机加工向“精密机械+汽车电子+金属3D打印”一体化方案转型。

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