On July 15, Okeyi said on an interactive platform that the company operated normally in the second quarter. As market prices for CNC blade products rose, imported tools showed an upward trend in prices in July, and the advantages of import substitution were even more obvious. The company's product shipments have reached the level expected by the company. At the same time, the company will also complete the acquisition of Yongxin Precision as soon as possible, and the company's CNC tool business and drilling needle business will gradually increase its market share.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.