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Dongguan Liyang Intelligent Technology Co., Ltd. (LEYO Technology) signed a cooperation plan to invest 500 million yuan (including 100 million yuan in fixed assets) in a CNC machine tool production project in Quannan County, Jiangxi Province. The factory will produce 3-5 axis CNC milling machines, machining centers, and gantry machining centers. Construction is expected to start in October 2024.
“Dongguan Liyang Intelligent Technology Co., Ltd. signed a cooperation plan with the Investment Promotion Bureau of Quannan County, Jiangxi Province in February 2024 to invest 13366 square meters of self purchased land in the construction of Cnc Machine tool production projects.”leyomachine.com
Summarized from public sources; check the original articles before acting on it.