# Neway CNC to invest 850M yuan in fifth phase of high-end CNC equipment project

Neway CNC announced plans to invest approximately 850 million yuan to construct the fifth phase of a high-end intelligent CNC equipment project. The project is expected to be completed and put into production by June 2027.

- Type: Expansion
- Announced: 2025-04-24
- Where: China
- Value: $117.0M (850.0M CNY)
- Starts operating: Jun 2027
- Status: announced
- Products: CNC vertical lathes, CNC grinding machines, special machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Neway CNC](https://endata.com/companies/84349.md)

## Sources

- [longbridge.com](https://longbridge.com/news/237358479), 2025-04-24: "The project is expected to be completed and put into production by June 2027, and will be used for the production of high-end intelligent CNC equipment such as CNC vertical lathes, CNC grinding machines, and special machines."

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