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Hwaway Technology Completes Vitz Acquisition: A Defining Leap into Europe’s High-End Spring Market

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On January 15, 2026 (German time), the asset delivery ceremony for Hwaway Technology’s acquisition of Germany-based Vitz GmbH successfully took place. Mr. Jin Lei, Chairman of Hwaway Technology, led a delegation of senior executives to attend the ceremony.

The successful completion of the delivery marks another major milestone in Hwaway Technology’s global strategy. It officially ushers in a new chapter for the company’s European market expansion and initiates a new phase of Sino-German manufacturing synergy.

With a history of 117 years, Vitz has profound expertise in precision manufacturing, with customers covering well-known European enterprises and a solid foothold in the European market. The completion of this transaction has built a core pillar for Hwaway Technology to further penetrate the high-end manufacturing market in Europe.

Mr. Jin Lei, Chairman of Hwaway Technology, stated at the closing ceremony that this is "a mutual journey and the beginning of a brand-new chapter".

Leveraging Vitz’s craftsmanship heritage together with Hwaway’s global layout and innovation advantages, the two sides will join forces to strive for leadership in the global elastic components industry.

The core value of this acquisition lies in building core competitiveness in the European market, with remarkable strategic synergies:

In terms of market expansion, we will leverage Vitz’s local resources and established market presence to deepen our footprint in Europe, while complementing each other through Hwaway’s global sales and channel network.

In terms of technology development, we plan to jointly establish a research and development center in Germany to continuously strengthen our core technological barriers.

In terms of manufacturing integration, we will deeply integrate intelligent manufacturing systems to further improve production efficiency and product quality. At the same time, we will focus on collaborative R&D of high-end products for the new energy vehicle sector.

This successful acquisition has established a global collaborative system of "technology + market + production capacity", opening up long-term growth space for Hwaway Technology.

With the release of synergistic effects, the company’s global competitiveness will continue to improve, laying a solid foundation for achieving long-term development goals.

A new chapter of Hwaway Technology in the European market has begun. We look forward to in-depth cooperation between Chinese and German manufacturing to unlock more industrial value!

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