Nucci CNC: Won the bid for the land use rights of 54,625.6 square meters in Suzhou City, with a total price of 19.6652 million yuan.

Newei CNC announced that the company participated in the bidding for the transfer of state-owned land use rights issued by the Suzhou Natural Resources and Planning Bureau in accordance with legal procedures, and won the bidding with a bid of 19.6652 million yuan. The company also signed the "Confirmation of Online Transaction Deal" and the "Contract for the Transfer of State-owned Construction Land Use Right", with contract number: 3205052025B000297. After acquiring the land use rights, the company will continue to promote the construction work of this project, further expand the variety of CNC machine tool products, increase the company's CNC machine tool production capacity, better provide customers with a full range of processing technology solutions, meet the needs of the company's future market expansion and business development, and enhance the company's market competitiveness.