- Business
- Hangzhou IECHO Science & Technology Co., Ltd. (688092.SS) manufactures and sells intelligent cutting equipment and CNC industrial software systems for the non-metal industry. The company provides a comprehensive range of products, including knife cutting machines, laser cutting machines, die cutting machines; basic intelligent cutting equipment; scalable intelligent cutting equipment; high-speed large-format intelligent cutting equipment; leather cutting assembly line equipment; multilayer intelligent cutting equipment; micro intelligent cutting equipment; and specialized software such as IBrightCut for advertising, IMulCut for garment and furniture, and IPlyCut for interior, furniture, textile, and garment sectors; as well as the recently upgraded LCT2 laser die-cutting machine with Scan to Switch system and the 2026 model GF9 intelligent cutting machine. IECHO serves diverse sectors such as advertising and printing, automotive interiors, home textiles, composite materials, textiles and garments, office automation, footwear, luggage, signage and graphics, packaging, leather goods, and furniture, targeting manufacturers seeking precision cutting, automation, and digitization to reduce waste and enhance efficiency. Founded in 1994 and headquartered at Building 1, No.1 Weiye Road, Binjiang District, Hangzhou, China, the company operates a manufacturing base exceeding 60,000 square meters with over 400 employees, more than 30% in R&D; it maintains branches in Guangzhou, Zhengzhou, and Hong Kong, over 20 offices across mainland China, and hundreds of overseas distributors covering more than 100 countries. In recent developments, IECHO completed the acquisition of 100% equity in Germany's Aristo Cutting Solutions in 2024 for approximately USD4 million through subsidiary IECHO Asia Limited, enhancing high-precision cutting technology, European market access, and global competitiveness; the company also plans to raise up to CNY311 million via convertible bonds for projects including a new intelligent equipment industrialization base, Fuyang production line upgrades, and working capital; additionally, it registered IECHO Asia Limited in Hong Kong in 2023 and extended certain fundraising projects into 2026.