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Business Description
World Precision Machinery Limited (World Precision) is a Singapore-based investment holding company. The Company is engaged in manufacturing and selling of stamping, cutting and bending machines. The Company manufactures over 200 models of stamping machines, which are classified into more than 20 products series. Its stamping machines are primarily marketed under the brand World, divided into conventional, high-performance and high-tonnage stamping machines. The Company’s other products include bending, cutting and computerized numerical controlled (CNC) punching machines. World Precision’s products are used in automotive, home appliances, railway and aerospace. The Company's subsidiaries include World Precision Machinery (China) Co., Ltd, World Heavy Machine Tools (China) Co., Ltd, World CNC Machine Tool (Jiangsu) Co., Ltd. and World Precision Machinery (Shenyang) Co., Ltd.