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LiuGong reported in its 2023 annual report that its excavator smart factory project and Zhongyuan hydraulic new factory project are partially completed and expected to reach usable status by July 2024, adding capacity for 20,000+ medium and large excavators annually.
“挖机智慧工厂项目部分项目已完工;中源液压业务新工厂规划建设项目按计划进行。两大募投项目预计今年7月底能达到预定可使用状态。”news.qq.com
Summarized from public sources; check the original articles before acting on it.