A rendering of the new Shanghai Zhehong Robot Automation Co project. [Photo/WeChat account: sh-jiading]
Shanghai Zhehong Robot Automation Co recently commenced its new project in Waigang town in Shanghai's Jiading district after receiving a total investment of 80 million yuan ($11.35 million).
The project, which spans 6,450 square meters, is scheduled to be finished by January 2024.
Once operations are fully operational, the project's yearly output value is estimated to be around 600 million yuan.
Shanghai Zhehong Robot Automation Co is a high-tech company that specializes in research and development, manufacturing, sales, and services for numeral control equipment accessories, and it partners with enterprises like Mitsubishi Electric, Fanuc, Siemens, and Syntec.