Gelonghui, Feb. 26丨Neway CNC (688697.SH) disclosed an investor relations activity record table showing that the company's production capacity design matches the company's development strategy plan, and the third phase of the fund-raising project will be fully completed in 2024. Currently, the company is basically full of production, and there is a small amount of surplus production capacity, so pre-investing for some standard models can shorten the delivery period and facilitate the acceptance of subsequent orders.
The company's “Phase IV High-end Intelligent CNC Equipment and Core Functional Components Project” is under construction. It is expected to be completed by the end of this year and put into operation in 2025. After completion, the product line of high-end intelligent CNC equipment and core functional components can be expanded, with a design capacity of 700 million yuan.