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Hongfuhan Technology filed to build a dedicated robot precision metal components base in Wuzhong district, Suzhou, Jiangsu, with a total investment of about RMB 1.007 billion and a two-year construction period. The site will upgrade existing plants with high-precision production and testing equipment.
“Hongfuhan Technology filed to build a dedicated robot precision metal components base, and the filing is a cleaner signal of where Chinese component money is going than any funding round”robotbelt.com
Summarized from public sources; check the original articles before acting on it.