--- title: "Neway CNC: Plans to invest approximately 850 million yuan to construct the fifth phase of the high-end intelligent CNC equipment project" type: "News" locale: "en" url: "https://longbridge.com/en/news/237358479.md" description: "Neway CNC announced that the company plans to invest approximately 850 million yuan to construct the fifth phase of a high-end intelligent CNC equipment project, with funding sourced from the company's own resources. 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. The construction content of the project, the proposed land area, and other details are all planned figures, and the actual scale will be determined based on the subsequent implementation of the project" datetime: "2025-04-24T11:06:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/237358479.md) - [en](https://longbridge.com/en/news/237358479.md) - [zh-HK](https://longbridge.com/zh-HK/news/237358479.md) generator: "portal-rs" --- # Neway CNC: Plans to invest approximately 850 million yuan to construct the fifth phase of the high-end intelligent CNC equipment project Neway CNC announced that the company plans to invest approximately 850 million yuan to construct the fifth phase of a high-end intelligent CNC equipment project, with funding sourced from the company's own resources. 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. The construction content of the project, the area of the proposed site, and other details are all planned figures, and the actual scale will be determined based on the subsequent implementation of the project ### Related Stocks - [688697.CN](https://longbridge.com/en/quote/688697.CN.md) ## Related News & Research - [China wholesale inflation hits over four-year high as consumer measure slows](https://longbridge.com/en/news/304785092.md) - [Visa (V) Just Gave Investors Something To Think About](https://longbridge.com/en/news/304838789.md) - [Is Corning (GLW) Undervalued After Strong Earnings And Higher Guidance?](https://longbridge.com/en/news/304790245.md) - [Coca-Cola Stock Keeps Setting Records. I'm Still Not Buying It.](https://longbridge.com/en/news/304831218.md) - [Trade Desk Stock Is 90% Below Its High. Can Earnings Turn the Tide?](https://longbridge.com/en/news/304769650.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**