Dongguan Liyang Intelligent Technology Co., Ltd. signed a cooperation plan with the Investment Promotion Bureau of Quannan County, Jiangxi Province in February 2024 to invest 13366 square meters of self purchased land in the construction of CNC machine tool production projects. It is expected to invest 500 million yuan in Quannan County, including 100 million yuan in fixed assets investment. When leyo new factory built,we will expend our produce ability of cnc milling machines,cnc machining centers,cnc lathe and so on. especially produce high requirement 5 axis synchronous milling machine, 5 axis machining center to meet more customers needs. This project is mainly used to build LEYO's own factory for CNC machine tools. It is expected to start construction in October 2024. In the later stage, it will mainly be used for the production and assembly of LEYO 3-5 axis CNC milling machines, vertical machining centers, horizontal machining centers, and gantry machining centers, expanding the production capacity and scale of LEYO CNC machine tools, providing production efficiency, and preparing to undertake more CNC machine tool export orders.

Leyo Vietnam exhibition,we have display our 3 axis vertical machining centers and 3 axis milling machines product details in this exhibition.During this period, many customers who opened factories in Vietnam came to our booth to exchange procurement needs for CNC milling machines and machining centers. Many customers require different types of machine tools, such as vertical machining centers, horizontal machining centers, and high-speed engraving and milling machines, for processing spare parts and molds of different metal materials such as aluminum, copper, titanium, and steel. This exhibition will be held at Saigon International Exhibition Center in Ho Chi Minh City, Vietnam, from November 15, 2023 to November 17, 2023. The booth number of Dongguan Liyang Intelligent Technology Co., Ltd. is booth N20 in Hall A. There are relatively more customers applying it to motorcycle accessories. Because 70% of people in Vietnam use motorcycles, there is a high demand for motorcycles. And LEYO's machines are very suitable for mold and component processing of automotive and motorcycle parts. There are many applications in this industry. Among them, LEYO's T600 compact machining center is very suitable for processing small parts in large quantities. Due to its high production efficiency, it has been loved by many customers. I hope that LEYO can gain more customers in the Vietnamese market in the future, so that we can also contribute to the development of the manufacturing industry in Vietnam.