# Oukei to complete first phase of 40M-piece CNC blade base by end of 2021

Oukei Co., Ltd. reported that its fundraising project 'Annual output of 40 million high-end CNC blade intelligent manufacturing base construction project' is progressing smoothly and is expected to complete the initial construction by the end of 2021. The company also plans to invest no less than 500 million yuan to build a CNC tool industrial park in Zhuzhou High-tech Zone.

- Type: Expansion
- Announced: 2021-09-03
- Where: Zhuzhou, Hunan, China
- Value: $77.0M (500.0M CNY)
- Starts operating: 2021
- Status: under construction
- Capacity: 40 million high-end CNC blades per year
- Products: high-end CNC blades, CNC tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Oukei Co., Ltd.](https://endata.com/companies/57504.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/554076.html), 2021-09-03: "公司募投项目“年产4000万片高端数控刀片智造基地建设项目”进展顺利，预计2021年底完成项目前期建设。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.