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Construction begins on Jiangyan's 1b-yuan project

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etaizhou.gov.cn|Updated: March 26, 2026

Jiangsu Hanfeng CNC Technology has begun construction on a high-end intelligent computer numerical control (CNC) machine tool project in the Jiangyan High-tech Zone, a key provincial project for 2026, based on a total investment of 1 billion yuan ($144.56 million).

The facility will cover about 50,000 square meters, including production workshops, a research and development center, and office space. It will add seven intelligent production lines and 200 sets of advanced equipment. The project is expected to generate annual sales of 1 billion yuan and tax revenue of 50 million yuan.

Hanfeng CNC Technology is a national high-tech enterprise and a specialized and sophisticated SME. Collaborating with top research institutions, the company has mastered core technologies such as CNC systems and motorized spindles. 

Its main products include CNC lathes, industrial robots, factory automation equipment, and CNC systems, with prices 30 to 50 percent lower than imported alternatives. In 2025, its sales exceeded 80 million yuan. 

Going forward, Hanfeng CNC Technology plans to increase investment in R&D, build smart factories, and develop flexible assembly lines to help drive the shift toward intelligent manufacturing.

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A rendering of Jiangsu Hanfeng CNC Technology's high-end intelligent CNC machine tool project. [Photo/WeChat account: jyrmzf]

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