Dear Business Partners,
We are pleased to inform you that on June 11, 2015 our company finalized our long-term strategy of capital conjunction with the trading and manufacturing group HTC Holding a.s and its subsidiaries KINEX Bearings Inc. respectively.
At the same time we agreed to change the legal status and the name of the company from KIN MT Production Ltd. to KINEX Measuring Inc. (joint-stock company). The registration of these changes at Trade Register is a formal matter of a few days. By this important change KINEX Measuring Inc. became part of HTC Holding as "KINEX" trademark owner.