Business Times Tuesday, December 25, 1996

■ Zhuang Fuan/Taichung Report

CHMER's new Taichung Precision Machinery Science and Technology Innovation Park, which has invested NT$800 million, broke ground yesterday (24th). The factory is expected to be completed by the end of 2008. In the future, it will put into production CHMER's latest high-speed gantry processing machines, C-type high-speed processing machines and high-precision wire cutting machines and other high-priced machines. The maximum production capacity is estimated to be more than twice that of the current factory. , giving CHMER the opportunity to challenge 5 billion yuan in annual revenue in the future.

Wang Wuxiong, chairman of CHMER, said that the new factory covers an area of ​​more than 5,400 square meters, and a large machine tool factory with a total area of ​​more than 8,000 square meters will be built as CHMER's most important R&D and manufacturing base. The overall investment amount is expected to exceed NT$800 million. The construction of the new factory will be accelerated in the future, and it is expected to be completed and put into production before the Taipei International Machine Tool Show in March 2009.

Wang Wuxiong pointed out that the annual output of CHMER's new factory can reach up to 3 billion yuan. If the third Wuri factory is added, the group's revenue can reach 5 billion yuan. In the future, it will seek strategic alliances with domestic peers to achieve a business of 10 billion yuan. Accept the target challenge.