According to Reuters, China Wanxiang Group will compete with a number of companies such as Johnson Controls Inc. in the United States to bid for the assets of bankruptcy-protected battery supplier A123 Systems. Stereo Light Curing Molding - Sla STEREO LIGHT CURING MOLDING - SLA Sla,Sla 3D Printing Service,Sla Printing Service,Sla Rapid Prototyping Ningbo Rongna Technology Co.,Ltd , https://www.machiningsservice.com
The Delaware Bankruptcy Court will hold an auction on December 6. In addition to Wanxiang and Johnson Controls, it is reported that both NEC and Siemens Germany are interested in acquiring A123 assets. However, only the Japanese electrical representative acknowledged the acquisition intention, while Siemens did not confirm it.
On November 8th, Wanxiang Group told Kevin Carey, a judge of the Delaware Bankruptcy Court, that it had issued a secret quotations on A123 on the 7th, in order to acquire the assets of the entire A123 company. Johnson Controls and A123 had previously reached a memorandum to prepare for the acquisition of its automotive battery business.
In August this year, Wanxiang had signed a non-binding investment letter of intent with A123 to acquire 80% of its common equity, but it was questioned by US lawmakers. The reason for the congressmen is that the multi-billion-dollar U.S. taxpayers’ funds will flow to overseas companies through the auto industry recovery act, and the acquisition of A123 shares by Wanxiang will further exacerbate this trend.
It mainly uses photosensitive resin as a raw material, and utilizes the characteristic that liquid photosensitive resin will cure quickly under ultraviolet laser beam irradiation. The photosensitive resin is generally liquid, and it immediately initiates a polymerization reaction and completes curing when irradiated with a certain wavelength of ultraviolet light (250 nm to 400 nm). SLA focuses on the surface of the light-curing material by focusing ultraviolet light of a specific wavelength and intensity to solidify it sequentially from point to line and from line to surface, thereby completing the drawing of a layered cross-section.