On March 12, 2024, Dr. Joachim Schönbeck, President of ANDRITZ Group and President of Schuler Group, led the general managers of each business unit of Schuler Group to inspect YADON.

The two parties had in-depth exchanges on the further development of YADON and its more important role in the group. Since Schuler acquired YADON in 2016, Yang Forging products have been continuously expanded and improved with the support of the group's technology and management.

In the future, YADON will play a greater role in Schuler Group's global strategy with its first-class processing and production capabilities. Schuler Group will continue to provide technical, management and other support to YADON, and at the same time leverage the advantages of Schuler Group's more than 40 branches around the world to provide more support for YADON's global market expansion.

About Schuler

Schuler was founded in 1839 and is headquartered in Göppingen, Germany. It has a total of approximately 5,000 employees in more than 40 countries and regions around the world, including Europe, China, and the United States, and is part of the Austrian ANDRITZ Group.

About YADON

YADON was founded in 1958. As a global supplier of mid-to-high-end presses, it provides a wealth of stamping solutions for the automotive, home appliances, motors, electronics, hardware, rail aerospace and other industries, covering various types of presses and automated stamping lines, motor iron High-speed precision punches, hot die forging, electric screw presses for core, fin, food lid making and other industries, special precision presses for power battery structural parts, fuel cell bipolar plates, etc., press repair and remanufacturing, etc.