On July 12, Morn Laser held the grand opening ceremony to celebrate the official operation of its Xintai Smart Manufacturing Industrial Park. It marks a further solid step in developing the high-end special laser equipment and ensuring sufficient supply and fast delivery targeting worldwide customers.
Song Hongpeng, deputy secretary and mayor of Xintai City, Shandong Province, Li Bin, Deputy Mayor of Xintai City, Ding Jianwu, CEO of GW LaserTech, Gao Hui, chief engineer of Wuhan Raycus, and nearly 300 partners and customer representatives from all over the country attended.
Morn Laser Smart Manufacturing Industrial Park sits in the new district of Xintai Economic Development Zone with a total planned area of 66,000m2 and an investment of 250 million yuan. The Phase I is capable of producing 3,000 sets per year once put into mass production, and is expected to achieve an annual sales of 5 billion yuan.
“After the completion of the whole project, it will realize an annual production capacity of 15,000 sets, with an overall output value of over 3 billion yuan and an annual tax of about 50 million yuan, ranking among the forefront of the global laser equipment industry,” said Chairman Xue.
Ever since its establishment in 2008, Morn Laser has grown from a start-up enterprise to an intelligent laser equipment manufacturing enterprise integrating R&D, production, and sales, and has established a good industrial closed loop with domestic and foreign upstream and downstream suppliers. The establishment of the Morn Laser Manufacturing Industrial Park is another major move for the company to seek major development and create a new situation, and it is bound to become a boosting platform for multifaceted cooperation.