Cross‑border Industrial Collaboration Empowers Green Transformation | A Tripartite Partnership Shapes a New Landscape for the Machine Tool Remanufacturing Industry

Release date: 2026-09-30

Summary: Youfu Industrial Services (Group) Co., Ltd., Jiangsu Ruihai Ship Engineering Co., Ltd., and South Korea’s SANGNIM MSP Co., Ltd. have officially signed a strategic cooperation agreement.


Cross-border Industrial Collaboration and Empowerment

Green Remanufacturing
A new industrial landscape for machine tool remanufacturing jointly built by three parties.




Recently, Youfu Industrial Services (Group) Co., Ltd., Jiangsu Ruihai Ship Engineering Co., Ltd., and South Korea’s SANGNIM MSP Co., Ltd. formally signed a strategic cooperation agreement, under which the three parties will focus on… The core segments of green remanufacturing for machine tools are engaging in deep, coordinated collaboration, leveraging their respective resource endowments to establish a cross‑national, cross‑industry cooperation framework. Together, they are seizing opportunities in domestic and international circular‑economy markets and advancing synergistic business development among all stakeholders.






About the Partner







Youfu Industrial Services (Group) Co., Ltd.: A domestic technology‑driven service provider in the CNC machine tool aftermarket, it leverages a self‑developed digital cloud‑based service platform. Its core offerings include CNC machine tool operation and maintenance, equipment upgrades and retrofits, and green remanufacturing of machine tools. With a nationwide network of service branches, the company delivers comprehensive support to high‑end manufacturing sectors such as shipbuilding, aerospace, and construction machinery, boasting robust capabilities in local market expansion, project implementation, and end‑to‑end after‑sales service.


Jiangsu Ruihai Ship Engineering Co., Ltd. : A specialized, refined, distinctive, and innovative high-tech enterprise based in Jiangsu, the company has deep expertise across the entire shipbuilding value chain, focusing on the R&D and manufacturing of marine auxiliary equipment and marine machinery components. It operates a standardized production facility and boasts extensive practical experience in shipbuilding and heavy‑industry equipment applications, as well as robust capabilities for end-to-end supply‑chain integration. Furthermore, it can provide industrial application scenarios, machining support, and access to industry‑specific customer networks to underpin its machine tool remanufacturing business.


SANGNIM MSP Co., Ltd.: It is a comprehensive manufacturer of high-end equipment solutions in South Korea and was recognized by the Korean Ministry of SMEs and Startups as a “Global Small Giant Enterprise” in 2025. The company’s business spans complete machine tool manufacturing, machine tool upgrading and retrofitting, automated robotic systems, and flexible manufacturing systems, serving high‑end sectors such as shipbuilding and heavy industry, nuclear power, and aerospace. It boasts extensive experience in large‑scale machine tool modernization and global project delivery.



In-depth preliminary communication







Following multiple rounds of in-depth discussions, the three parties have reached a high degree of consensus on the development philosophy and market‑entry strategy for the green machine‑tool remanufacturing sector. Youfu Industrial Services (Group) Co., Ltd. boasts a mature domestic machine‑tool remanufacturing service system, robust local market channels, and comprehensive operations‑and‑maintenance capabilities; Jiangsu Ruihai Shipbuilding brings extensive experience in heavy‑industry shipbuilding applications and a well‑established network of component‑manufacturing and supporting resources. SANGNIM MSP possesses core technologies in high‑end machine‑tool retrofitting and automation upgrades, along with proven expertise in executing overseas projects. Together, the three parties’ strengths in technology, application scenarios, and distribution channels are highly complementary, opening up vast opportunities for collaboration in the field of green machine‑tool remanufacturing.



Strategic Cooperation Agreement







Under the framework of the strategic cooperation agreement reached, the three parties will, in the future, adhere to the principles of mutual trust and mutual benefit, and pursue win-win cooperation, focusing on… Green remanufacturing of machine tools is advancing multi-level business collaboration. The three parties will… Integrate high-quality resources, including advanced transformation technologies, digital service capabilities, industry-specific application scenarios, and domestic and international market channels. Together, they will explore diversified cooperation models—including the refurbishment and upgrading of aging machine tools, intelligent equipment modernization, joint marketing in domestic and international markets, and exchanges of technical talent—while establishing an efficient, collaborative framework. By pooling resources, they aim to expand both domestic and global markets for green remanufacturing of machine tools, thereby supporting cost reduction, efficiency gains, and a green, low‑carbon transformation in the manufacturing sector, and enhancing the three parties’ overall competitiveness in the circular‑economy equipment space.


The signing of this strategic cooperation agreement marks a significant milestone in the three companies’ efforts to enter the machine tool circular‑economy sector. Moving forward, the three parties will establish a regular communication and coordination mechanism, continuously identify new avenues for business growth, steadily implement their collaborative initiatives, and work together to set a benchmark for cross‑border cooperation in the green remanufacturing of machine tools. 。


2026


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Keywords: Cross‑border Industrial Collaboration Empowers Green Transformation | A Tripartite Partnership Shapes a New Landscape for the Machine Tool Remanufacturing Industry

Youfu Industrial Services (Group) Co., Ltd.

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