Shandong Weida Heavy Industry Co., Ltd.

Shandong Weida Heavy Industry, Shanghai Jiaotong University Zhibang Technology, and Spain's Ibarmia jointly invest 110 billion yuan to build an international high-end CNC five-axis machining center project in Zaozhuang, Shandong. The 447-mu facility will create 900 jobs and produce 85 billion yuan in annual output.

Shandong Weida Heavy Industry Co., Ltd. is building a heavy CNC machine tool intelligent factory in Tengzhou, Shandong, with a total investment of 1 billion yuan. The facility will cover 105 mu and produce over 1,500 heavy-duty high-end CNC machine tools annually once completed.