Hankook said that they planed to acquire 75% stake in the digital prototype enterprise "Model Solution". 
  It is reported that Hankook needs to spend about 410 million yuan in this acquisition. After the completion of the acquisition, Hankook Tire will become the largest shareholder of "Model Solution".
  The purpose of Hankook is to consolidate the diversified business models and enhance the competitiveness of the brand market.
  Model Solution was found in 1993. Their business model is through prototyping, mold testing, prototype proofing and 3D printing technology,they can speed up the product development of manufacturers to gain more market opportunities.
  M&K Technology, which was added to HANKOOK tires, has super large mold equipment processing technology.
  After the successful acquisition of Model Solution, Hankook hopes to integrate the two parties and share technology and experience. Besides,they hope this can serve the brand layout、 product development and production of Hankook tires.