Fan Cheng YASKAWA electric and Midea announced the dissolution of the joint venture robot compan
Published on:2020-07-16
Since Midea acquired KUKA, its layout "ambition" in the robot field can be seen. The environment of the joint venture between Midea Group and Yaskawa Electric has also changed.
Recently, it was found from the national enterprise information system that the joint venture industrial robot company established by Midea Group and Yaskawa robot issued the cancellation filing / announcement information on June 29, and a liquidation group has been established to accept the declaration of creditors rights.
The joint venture is Guangdong Yaskawa Midea industrial robot Co., Ltd. (hereinafter referred to as Yaskawa Midea), established in September 2015, with a registered capital of 100 million yuan and a paid in capital of 40 million yuan, of which Yaskawa motor and Midea Group hold 51% and 49% respectively.
Figure 1: Industrial and commercial registration information of Guangdong Anchuan Midea industrial robot Co., Ltd. (data source: National Enterprise Information System)
According to the cancellation announcement of Yaskawa beauty, the reason for the cancellation is the resolution to dissolve. The filing date of liquidation is June 29, and the person in charge of liquidation is Kentaro Oshima.
Figure 2: cancellation filing announcement of Yaskawa Midea. (data source: National Enterprise Information System)
In fact, in addition to the industrial robot company, Midea Group and Yaskawa electric also jointly established a service robot company, whose main business is to develop and promote service robots in the field of medical rehabilitation and helping the elderly and the disabled. The registered capital of the joint venture is also 100 million yuan and the paid in capital is 40 million yuan. The difference is that the controlling shareholder of the joint venture is Midea Group, with a shareholding ratio of 60.1%. The company is still operating. However, some media reports said that the company also stopped operating.
Figure 3: Industrial and commercial information of Guangdong Midea Anchuan service robot Co., Ltd. (data source: National Enterprise Information System)
Reasons for breaking up
According to the information on the official website of Yaskawa China, Yaskawa Midea was founded in September 2015 and its actual operation was in March 2016. At that time, the plan was to let Yaskawa Midea go deep into the field of household appliance production in China and carry out the R & D, manufacturing and sales of industrial robot systems for 3C and other general industries.
In the following years, according to the needs of Mideas home appliance automation transformation, Yaskawa Midea also developed dozens of robot innovative applications, including remote control assembly, die-casting parts, machine tool handling, and robot dispensing system.
It seems that the cooperation started smoothly. The two sides praised each other on different occasions and were optimistic about the prospect of the joint venture. However, in fact, Midea Group spent 178 million yuan to acquire 17.8% of the shares of domestic industrial robot manufacturer evert in November 2015 before the honeymoon period after it established a joint venture with Yaskawa electric; In 2016, it invested 3.7 billion euros and acquired 94.55% shares of KUKA, Germany, becoming its absolute controlling party.
Moreover, in March 2018, Midea Group and KUKA announced to invest 10 billion yuan to build a new robot factory in Shunde, Guangdong, where the headquarters of Yaskawa Midea is located. The new factory is planned to have a production capacity of 75000 units / year by 2024. The closer the relationship between Midea Group and KUKA, the farther the relationship with Yaskawa Electric will go.
Although Yaskawa Electric said that although the robot joint venture with Midea Group will be cancelled, the two sides will continue to cooperate in the production line automation of Yaskawa electric products. Its just that this statement may be more like a polite declaration.
Recently, it was found from the national enterprise information system that the joint venture industrial robot company established by Midea Group and Yaskawa robot issued the cancellation filing / announcement information on June 29, and a liquidation group has been established to accept the declaration of creditors rights.
The joint venture is Guangdong Yaskawa Midea industrial robot Co., Ltd. (hereinafter referred to as Yaskawa Midea), established in September 2015, with a registered capital of 100 million yuan and a paid in capital of 40 million yuan, of which Yaskawa motor and Midea Group hold 51% and 49% respectively.
Figure 1: Industrial and commercial registration information of Guangdong Anchuan Midea industrial robot Co., Ltd. (data source: National Enterprise Information System)
According to the cancellation announcement of Yaskawa beauty, the reason for the cancellation is the resolution to dissolve. The filing date of liquidation is June 29, and the person in charge of liquidation is Kentaro Oshima.
Figure 2: cancellation filing announcement of Yaskawa Midea. (data source: National Enterprise Information System)
In fact, in addition to the industrial robot company, Midea Group and Yaskawa electric also jointly established a service robot company, whose main business is to develop and promote service robots in the field of medical rehabilitation and helping the elderly and the disabled. The registered capital of the joint venture is also 100 million yuan and the paid in capital is 40 million yuan. The difference is that the controlling shareholder of the joint venture is Midea Group, with a shareholding ratio of 60.1%. The company is still operating. However, some media reports said that the company also stopped operating.
Figure 3: Industrial and commercial information of Guangdong Midea Anchuan service robot Co., Ltd. (data source: National Enterprise Information System)
Reasons for breaking up
According to the information on the official website of Yaskawa China, Yaskawa Midea was founded in September 2015 and its actual operation was in March 2016. At that time, the plan was to let Yaskawa Midea go deep into the field of household appliance production in China and carry out the R & D, manufacturing and sales of industrial robot systems for 3C and other general industries.
In the following years, according to the needs of Mideas home appliance automation transformation, Yaskawa Midea also developed dozens of robot innovative applications, including remote control assembly, die-casting parts, machine tool handling, and robot dispensing system.
It seems that the cooperation started smoothly. The two sides praised each other on different occasions and were optimistic about the prospect of the joint venture. However, in fact, Midea Group spent 178 million yuan to acquire 17.8% of the shares of domestic industrial robot manufacturer evert in November 2015 before the honeymoon period after it established a joint venture with Yaskawa electric; In 2016, it invested 3.7 billion euros and acquired 94.55% shares of KUKA, Germany, becoming its absolute controlling party.
Moreover, in March 2018, Midea Group and KUKA announced to invest 10 billion yuan to build a new robot factory in Shunde, Guangdong, where the headquarters of Yaskawa Midea is located. The new factory is planned to have a production capacity of 75000 units / year by 2024. The closer the relationship between Midea Group and KUKA, the farther the relationship with Yaskawa Electric will go.
Although Yaskawa Electric said that although the robot joint venture with Midea Group will be cancelled, the two sides will continue to cooperate in the production line automation of Yaskawa electric products. Its just that this statement may be more like a polite declaration.
