Recently, the main structural construction of the plant for the annual production of 450 units (sets) of precision machinery manufacturing expansion project of Hubei Yuanlan Machinery Co., Ltd. (hereinafter referred to as "Yuanlan Machinery") has been progressing in an orderly manner. Currently, approximately one-third of the overall project has been completed.
The project commenced in June this year, with a planned construction period of nine months. The construction mainly includes the building of a new plant, office building, and R&D center, as well as the installation of one molding machine production line, one mold production line, one stamping production line, and one die-casting production line. The project is expected to be fully completed by the end of February 2026. Upon completion and operation, it is projected to achieve an annual output of 220 million stamping hardware parts, 560 sets of molds, 14,000 electronic products such as filters, and 2,500 mt of industrial extrusions.
