# Baofeng Precision Machinery builds smart equipment base in Foshan, China

Baofeng Precision Machinery (Guangdong) Co., Ltd. is completing a smart equipment production base in Yanghe, Gaoming, Foshan, with an investment of 2.2 billion yuan (2024 plan 2 billion yuan), expected to start production in September 2024 and generate annual output of 400 million yuan.

- Type: New facility
- Announced: 2024-08-29
- Where: Yanghe, Gaoming, Foshan, Guangdong, China
- Value: $30.8M (220.0M CNY)
- Starts operating: Sep 2024
- Status: under construction
- Capacity: annual output value 400 million yuan
- Products: CNC machine tools, five-axis machine tools, CNC machining centers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Baofeng Precision Machinery (Guangdong) Co., Ltd.](https://endata.com/companies/79481.md)

## Sources

- [fs0757.com](https://www.fs0757.com/home/article/view/id/660634.html), 2024-08-29: "预计9月份即可正式投产。"
- [news.qq.com](https://news.qq.com/rain/a/20240902A047MK00), 2024-09-02: "预计 9月份项目即可正式投产"

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