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Luoshi (Shandong) Intelligent Technology Co., Ltd. expanded its robot production line at the Luoshi Intelligent Manufacturing Future Factory in Jining, China, increasing annual robot production capacity from 3,000 to 50,000 units. The project involved a total investment of 510 million yuan.
“The production capacity of robots has increased from 3000 sets per year to 50000 per year, and the annual sales revenue mounts to 2 billion yuan and the profit taxes to nearly 400 million yuan.”tmcnet.com
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