XINSHENG decided to acquire LABWIN for solving pretreatment in natural field

As the equipment and technology of XS Technology are widely used in the natural extraction industry, we find that the front processing of customer projects is also very important. In order to provide more complete integrated services and save customers' time costs. At the beginning of 2021, XS decided to organize a professional team to do research on plant related pretreatment equipment. For example: Pulverizer; Grinding machine; Screw press; Hydraulic oil press, etc.

However, as time goes by, according to our own research and discovery, the cost of personally engaging in this field is too large and not cost-effective. First of all, this is an industry with low technology content. Secondly, there are already too many manufacturers and suppliers in the market for this type of equipment. After our investigation step by step, the product quality and technology of many manufacturers have been very good and mature. At this time, a question was raised. Why don't we directly seek an excellent supplier to achieve strategic supporting cooperation or stock acquisition. This can greatly reduce our time cost and team cost.

With this idea in mind, from the second half of 2021, through a year of communication and exchange. In September 2022, XS finally successfully acquired LABWIN with a shareholding ratio of 77%. LABWIN is a front processing equipment supplier specializing in plants, food, herbs, etc. The equipment model covers experimental to industrial production, and customers can accurately choose the size matching their own projects. LABWIN Technology is based on three core technologies: Grinding and Crushing; Oil Press; Boiling to develop and produce equipment.