On July 19, construction commenced on the Luxshare Precision Robotics headquarters base project in Changshu, marked by a total investment of 5 billion yuan. The project is anticipated to conclude and commence production by the end of the year, achieving an annual output value of 10 billion yuan upon reaching full capacity. Spanning an area of 66 mu, the project will establish a comprehensive industrial hub, encompassing production line research and development, centralized equipment procurement, and other integral functions.