On August 31, 2023, Zhejiang Mingshi Xingxin HVAC Technology Co., Ltd, the construction projects of the factory area, including office buildings, workshops, and dormitory buildings, have successfully passed the completion acceptance, and the project is uniformly undertaken by China 22nd Metallurgical Group.

The completion of the Mingshi New Factory Project is an important measure to orderly promote the development strategy of Mingshi. It will enable it to transform from traditional manufacturing to industrial intelligence and digital upgrading, compete for opportunities in the race of intelligent manufacturing and digital Mingshi, and become an important foundation for Mingshi's future economic growth and competitive victory.