Precision Tsugami China Corporation Ltd is an investment holding company primarily engaged in the manufacture and sale of high precision computer numerical control (CNC) machine tools. The Company’s main business is professional customization, development, production and sales of various CNC high precision machine tools such as precision lathes, precision machining centers and precision grinding machines. The Company’s products are mainly used in the industries such as automobile parts and components, information technology (IT) electronic parts including mobile phones and communication facilities, industrial automation parts and components, medical instruments and construction machinery. The Company conducts its business in the domestic and overseas markets.