The latest news from LROND's R&D and marketing departments is that the E10 rotary pneumatic control system has been practically applied in the PPS series slitting system, and has achieved stable slitting permission on the client side. This marks the official transition from E9 three-point to E10 two-point intelligent era, with faster and more convenient operation and significantly improved functions, further consolidating the expansion and development of LROND in the slitting market.
In October, after multiple rounds of negotiations and consultations, TNJON Industry and relevant parties of LANRID Qingdao Factory have reached an agreement, and TNJON Industry has officially completed the wholly-owned merger of LANRID Qingdao Factory. This merger will optimize the allocation of production resources for both parties, increase investment in upgrading and transforming production equipment at the Qingdao factory, introduce advanced production and sales management systems from Taiju Industry, and improve production efficiency and product quality.
In September, global precision slitting system tool mold supplier LROND announced the completion of its acquisition of IBDWT and officially entered the coiling system market. This major initiative will bring new opportunities for LROND's business expansion in the industrial manufacturing field and is also expected to reshape the competitive landscape of the coiling system market. This acquisition is expected to complete the relevant integration work in the coming months, and LROND will appear in the coiling system market with a new posture.
In August, TNJON officially announced the establishment of its Wind Knife Business Unit, which marks a solid step for TNJON in expanding its business areas and deepening technological innovation. It will inject new vitality into the development of Taijiu and is expected to bring about new changes in related industries. The establishment of TNJON Wind Knife Business Unit is an important milestone in the development process, and also a concrete manifestation of TNJON active response to market demand and adherence to innovation driven development strategy.
