The output of prefabricated building components and products of Drawin Intelligent Manufacturing Technology reached 272,400 cubic meters

On October 11, Drawin Intelligent Manufacturing Technology released the latest development of its business-an announcement of an increase in output.

The output and capacity utilization rate of Drawin Intelligent Manufacturing Technology's prefabricated building components and products have increased significantly compared with last year. As of September 30, 2021, the output of Drawin Intelligent Manufacturing Technology's prefabricated building components and products reached 272,400 cubic meters, a year-on-year increase of 28.11%. During the year, the Group successfully won the bid for China City Alliance’s joint procurement, which led to an increase in orders. Coupled with the successful commissioning of multiple PC factories, and the gradual implementation of the Group’s R&D achievements, the increase in factory digitization, automation and component standardization has promoted the increase in output.

Guo Weiqiang, Executive Director of Drawin Intelligent Manufacturing Technology, said: "We are fully confident in China's prefabricated construction industry, which is strongly supported by the central government. It is expected that the development scale of China's prefabricated construction industry will continue to achieve rapid growth. In addition, the group’s new gardening and decoration business is accelerating its development. The group established a joint venture with Dongzhu Ecological, a leading gardening company, and will hold a licensing ceremony at the end of September. It will promote the growth of the group’s entire industry chain together with the prefabricated building components and product business. "