EN 16.08.2021 | XJ Capital Announces Investment in SCHMID Technology Guangdong XJ Capital (“XJ”) announced today that it has made a significant minority investment in SCHMID Technology Guangdong Co., Ltd. (“STG” or the “Company”), a leading manufacturer of printed circuit board (“PCB”) and photovoltaics (“PV”) production equipment in China. Prior to XJ’s investment, the company was 100% owned by Gebr. SCHMID GmbH in Germany (“SCHMID Group”). With the investment from XJ, STG will further expand its sales and R&D capabilities in China to take full advantage of the growth potential in the PCB and PV markets. XJ Capital and SCHMID Group will partner together, combining strong industry and local experience with industry leading technical know-how and expertise, to take STG to its next stage of growth. “The investment into STG highlights one of XJ Capital’s core capabilities of partnering with companies to further expand and grow their presence in China by leveraging our local connectivity and resources. We are very impressed by SCHMID Group’s market leading technology in the wet chemical processing space, and we look forward to working alongside SCHMID Group to take STG to the next level,” Hu Bin, Founder and Managing Partner of XJ Capital, said. “We are very pleased that we found with XJ Capital the perfect long-term partner in China with whom we can realize our joint vision in this leading market for high-tech equipment solutions,” explains Christian Schmid, Managing Director of SCHMID Group. “Combining the strength of both companies will create a lighthouse project for a next level of a Chinese-German cooperation that can overcome today’s challenges of trade disputes and a pandemic by focusing on the needs of our customers.” About SCHMID Technology Guangdong Co., Ltd. STG, located in Zhongshan/China, is a leading manufacturer of wet-processes and automation solutions. With proprietary R&D capabilities and a highly industrialized production process, STG offers a unique modular portfolio of innovative equipment machinery addressing tomorrow’s technology requirements with premium quality, highest throughput and customer-oriented solutions. The Company’s products and services are mainly used in the production of printed circuit board & packaging applications, photovoltaic cells as well as in the front and cover glass production. For more information, please visit https://schmid-group.com/en/. About SCHMID Group SCHMID Group is a technology group based in Freudenstadt, Black Forest/Germany. Founded in 1864, the group of companies employs more than 700 staff worldwide with its own technology centers and manufacturing sites in Germany, China and the USA in addition to several sales and service locations worldwide. The group focuses on developing customized equipment and process solutions for multiple industries including Electronics, Renewables and Energy Storage. SCHMID Group today represents one of the leading high technology equipment suppliers worldwide. For more information, please visit https://schmid-group.com/en/. About XJ Capital XJ Capital is a multi-fund, multi-strategy, alternative investments platform that currently invests out of three funds: USD PE Fund, RMB PE Fund, and IDC Fund which invests in greenfield data centers opportunities in China. Asia / China value creation angle is XJ’s key differentiating factor, and XJ not only has access to a vast network and resources on the ground in Asia, but are also able to leverage Limited Partners and Partners to further supplement XJ’s resources and efforts to support portfolio companies. The USD PE Fund mainly invests in market leading companies globally via buy-out, co-control, or minority / structured investments. The team invests across healthcare, advanced manufacturing, and various other sectors. For more information, please visit https://www.xj-capital.com/ >The SCHMID Group LATEST NEWS PRESS RELEASES EXHIBITION & EVENTS XJ CAPITAL ANNOUNCES INVESTMENT IN SCHMID TECHNOLOGY GUANGDONG CONTACT SOCIAL MEDIA SCHMID Group About us News & Events Career YOUR CONTACT Do you have any questions or suggestions? Please don't hesitate to contact us! info@schmid-group.com +49 7441 538 0 +49 7441 538 121 Robert-Bosch-Str. 32-36, 72250 Freudenstadt, Germany Copyright © SCHMID Group 2017 Cookies help us to provide our services. By using our services, you therefore agree to our use of cookies. OKMORE INFORMATION