Zhongwo High-tech (000657.SZ) subsidiary Jinzhou Company plans to implement a micro drilling intelligent manufacturing technology improvement project with 140 million units.

"Zhitong Finance APP News, Zhongwu High-tech (000657.SZ) announced a plan to implement a 140 million unit technological renovation project for smart manufacturing of micro-drills. The project aims to further expand market share, consolidate market position, enhance enterprise competitiveness, and promote high-quality development. The project will be implemented in the existing factory of its subsidiary, Shenzhen Jinzhou Precision Technology Co., Ltd., with a total investment of 178 million yuan, a construction period of three years, and production expected to be reached in the fourth year."