In order to broaden the company's business channels and transform the company from the traditional agricultural machinery manufacturing industry to an international enterprise that manufactures modern agricultural equipment, the Group plans to invest 65.438+0.2 billion yuan, buy 654.38+000 mu of land in Changsha, and build a 40,000-square-meter factory building and a modern industrial park with 654.38+0.2 million square meters of office and R&D building. The company hired a number of technical and management experts in the construction machinery industry, and set up Changsha Construction Machinery Project Department to prepare for the establishment of a branch company for the research, development, production and sales of agricultural construction machinery products.
The company's leading products in the early stage are loaders, small excavators and multi-functional earth-moving machinery. After completion, the company will achieve an annual output of more than 5,000 construction machinery products, with an output value of over 654.38 billion yuan.