Last week, Wuma’s new factory started to construct. Relevant leaders and staffs attended the launching ceremony together with our staffs.
With the rapid growth of our company’s domestic and foreign business and the continuous expansion of industrial layout, the existing production capacity can no longer meet our company’s development needs. Under the decision of company’s management, our new factory began to construct.
After the construction of the factory is completed, it is expected to have an annual production capacity of 400,000 gearboxes. We believe that the new factory will accelerate the development of Wuma in the future.