Core Viewpoint - Hongya CNC announced the establishment of Guangdong Hongma in August 2025, aiming to absorb core technologies in solid wood furniture processing and further expand into the solid wood machinery sector [1] Group 1 - The establishment of Guangdong Hongma signifies the company's strategic move to enhance its product series in five-axis machining centers [1] - The initiative reflects the ongoing deepening of the company's strategic layout in the field of solid wood CNC equipment [1]

Group 1 - The company established Guangdong Hongma CNC Technology Co., Ltd. in August 2025 to absorb core technologies in solid wood furniture processing [1] - This move aims to further expand the company's presence in the solid wood machinery sector [1] - The establishment signifies the company's ongoing efforts to enhance its product series in the five-axis machining center field and deepen its strategic layout in solid wood CNC equipment [1]