Neway CNC intends to self-finance approximately 850 million yuan for the construction of the fifth phase of its high-end intelligent CNC equipment project, with an anticipated production commencement in June 2027. This project will primarily focus on the manufacturing of high-end intelligent equipment, encompassing CNC vertical lathes, CNC grinding machines, and specialized machinery. The exact scale of the project will be flexibly adjusted in accordance with prevailing conditions.
