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German Phoenix Contact Group Makes Strategic Investment in Hiprecise
Release time:
2018-12-30 17:08
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In 2018, Phoenix Contact Group of Germany signed a strategic investment agreement with Xiamen Hiprecise Technology Co., Ltd. This move marks the beginning of in-depth cooperation between the two parties in the field of intelligent manufacturing, jointly promoting the development of global industrial intelligent manufacturing systems.
As a core member of the German Industry 4.0 platform and a global market leader and pioneer in the field of electrical engineering, Phoenix Contact has entered into a capital-level partnership with Hiprecise to strengthen the competitive advantages of both parties in the industry and achieve win-win results.
Hiprecise is a well-known domestic supplier of industrial intelligent manufacturing systems and a hidden champion in the field of intelligent wire harness processing equipment. By leveraging cutting-edge technologies such as machine vision, industrial internet, smart logistics, and artificial intelligence, it has achieved a comprehensive upgrade in equipment intelligence, providing stable, efficient, and reliable intelligent manufacturing system solutions to customers in sectors such as power, telecommunications, transportation, and new energy.
This strategic cooperation not only consolidates Hiprecise’s leading position in the domestic market but also accelerates its expansion into international markets, while helping Phoenix build a digital manufacturing ecosystem in China. The two parties will work together to promote the development of global industrial intelligent manufacturing systems and provide higher-quality, more efficient intelligent manufacturing system solutions for customers worldwide.
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Hiprecise and Yipan have joined forces to build an end-to-end digital solution, spanning from 3D electrical design to intelligent wiring harness equipment, thereby driving the upgrade of the switchgear manufacturing industry and jointly creating a new chapter of cooperation.
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