Recently, Laibao Hi-Tech stated during institutional research that its MED project is progressing smoothly. Core imported equipment has been arriving in succession and undergoing installation and debugging. Some of the production equipment for the front-end processes has completed cold operation and is gradually undergoing process debugging. Meanwhile, the government-led renovation projects for the factory building and supporting facilities, as well as the construction of a new module workshop and warehouse, are in the final stages of completion. The company aims to achieve the illumination of production line products by the end of September 2026, but it will not have the conditions for production in the first half of the year. The illumination of the production line is merely a test to verify the smooth operation of the production process. Subsequent steps include capacity ramp-up, yield improvement, and customer certification before mass production can commence.
