Zhongbing Hongjian announced on December 29 that the “XX R&D Conditions and Production Capacity Building Project” implemented by Shandong Beifang Binhai Machinery Co., Ltd., a wholly-owned subsidiary of the company, has completed all construction content, and the relevant departments have completed the completion inspection. The completion of this project has increased the production capacity of the northern coastal special equipment products and enhanced the company's product research and development capabilities.

Zhongbing Hongjian announced on December 29 that the “XX R&D Conditions and Production Capacity Building Project” implemented by Shandong Beifang Binhai Machinery Co., Ltd., a wholly-owned subsidiary of the company, has completed all construction content, and the relevant departments have completed the completion inspection. The completion of this project has increased the production capacity of the northern coastal special equipment products and enhanced the company's product research and development capabilities.