Neway CNC Equipment Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023

Neway CNC Equipment Suzhou Co Ltd is a China-based company engaged in the research and development (R&D), production and sales of medium and high-grade numerical control machine (CNC) machine tools. The Company's products mainly include large machining centers, vertical CNC machine tools, horizontal CNC machine tools and other main product categories. The large machining centers mainly include fixed column gantry machining centers, overhead bridge gantry machining centers, CNC boring and milling machines and other series models. The vertical CNC machine tools include high-speed vertical machining centers, motorized spindle vertical machining center series and other series models. The horizontal CNC machine tools include high-speed horizontal machining centers, high-efficiency horizontal machining centers, inclined bed CNC horizontal lathe series and other series models. The Company's products are exported to the United States, Germany, Britain, Italy and other countries and regions.