On the morning of March 29, 2011 (EST), Yizumi successfully purchased the entire intellectual property of HPM, including all the patented technology of HPM plastics injection molding machine, die casting machine for aluminum and magnesium alloy, production line of plastic sheet extrusion and hydraulic machine, global brand names and trademarks, global supply system, global customer resources and partial precision production facilities of HPM Corporation.

Founded in 1877, U.S. HPM Corporation was one of the excellent manufacturers in machinery industry. Business of HPM started from manufacturing presses for extracting juice. During World WarⅡ, HPM provided hydraulic system and technology for U.S.military. With rapid development of American manufacturing, HPM began to focus on manufacturing advanced equipment and led in the fields of injection molding machine, plastic sheet extruder, heavy duty aluminum & magnesium alloy die casting machine and hydraulic machine. HPM became the supplier of major auxiliary equipment and service for American industries including automobile, electronic information and telecommunication. With world-class leading technology in related areas, the products of HPM were widely sold in United States and other countries. The production bases of HPM included headquarters in Ohio and Hemscheidt Corporation in Germany.