Neway CNC Equipment (Suzhou) Co., Ltd. (stock code: 688697) is located in Suzhou High tech Zone, covering an area of 250000 square meters, dedicated to the research and development, production, and sales of high-end CNC machine tools. The company attaches great importance to research and development investment and technological innovation, and has established a research and development team consisting of more than 300 technical personnel. It has accumulated over 300 patents and software copyrights, ensuring the company's continuous innovation capability. The total number of employees in the company exceeds 1700.