On the morning of June 19th, MeetFuture Technology successfully held a groundbreaking ceremony for its new factory. Chairman and CEO of MeetFuture Technology, Miao Feng, delivered a speech and struck the ceremonial brick representing the start of construction. With the simultaneous firing of salute guns, the new production base officially entered the stage of full-speed construction. The new factory is expected to be delivered in the fourth quarter, and upon completion, it will become the headquarters for research, development, production, and sales of MeetFuture Technology's AMHS projects.

The new factory of MeetFuture Technology is located on Tianxue Road in the Lingang New Area of Shanghai. As a localization project for integrated circuit Automated Material Handling Systems (AMHS) in the Lingang New Area, it covers an area of approximately 8,000 square meters. Upon completion, it will become the headquarters for research and development and production of MeetFuture's AMHS projects, including a 2,000 square meter standardized demonstration line for a complete AMHS solution with overhead conveyors as the core in a cleanroom environment. The official launch of this project marks a further step in the development scale of MeetFuture Technology and a firmer pace of progress.