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Are Yantai Jinpeng Needle Industry and Jinpeng Mining the same company?
No. According to Tianyancha, Yantai Jinpeng Needle Industry was founded in 1982. It is a domestic industrial group specializing in the production of knitting equipment established with Shandong Jinpeng Needle Industry Group Co., Ltd. as the investment parent. Jinpeng Mining is the former Yantai Gold Design Institute and the original Yantai Gold Machinery Factory is a joint-stock company established by scientific and technological personnel from two units as the main body and gathering scientific and technological elites from all parties. The two companies are independently established, not one.
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