Harbin First Tool Factory and Second Tool Factory officially launched integration

The reporter learned from Harbin Industrial Asset Management Co., Ltd. that Harbin No. 2 Tool Factory has been assigned to Harbin No. 1 Tool Factory in management, and the integration of the two plants has started.
Harbin No. 1 Tool Factory is one of the largest backbone enterprises in China's tool manufacturing industry. It is China's largest precision and complex tool production research base, mainly producing eight major categories of gear tools, broaching tools and milling tools. Harbin No. 2 Tool Factory is a key enterprise of national metal cutting tools and woodworking tools. The main products are divided into metal cutting tools and machine complex woodworking tools. In view of the similarity of the products of the two plants, the city industrial asset management company decided to integrate the two plants for the purpose of resource integration.
The relevant person in charge of the industrial asset management company told the reporter that the integration of the two factories began to be discussed before December of last year. At present, the chairman of a tool has also served as the legal representative of the second tool. Some workshops with similar processes have been carried out. Integration, integration of sales outlets in the field has been achieved, but the two plants are still independent legal entities.