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Qinchuan Machine Tool (000837.SZ) signed an investment agreement with the Shaanxi Xixian New Area Development and Management Committee to build a high-end industrial machine tool innovation base project in Xixian New Area, with a total planned investment of approximately 1 billion yuan (CNY 1,000,000,000). The project will cover about 221 mu of land and focus on R&D and production of high-end five-axis machining centers, high-end general CNC systems, precision measuring instruments, smart machine tools, and digital manufacturing centers.
“将在西咸新区投资建设集科技研发、成果转化和产业化于一体的高档工业母机创新基地项目,计划投资总额约为10亿元人民币”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.