VEICHI CNC was established in July 2024 and is affiliated with Suzhou VEICHI Electric (688698), a listed company on the STAR Market. As a "new core" in the field of domestic high-end CNC, it relies on the parent company's over two decades of industrial automation technology accumulation, taking root in the high-end domestic CNC track, committed to breaking foreign technology monopolies and promoting the upgrading of the domestic high-end CNC industry. Since its establishment, the parent company, VEICHI Electric, has always focused on the field of electrical transmission and industrial control, being a high-tech enterprise integrating industrial automation product R&D, production, and sales. With the vision of "becoming a leading enterprise in global smart industry and green energy solutions," the company has established three R&D centers in Suzhou, Shenzhen, and Xi'an, and three production bases in Suzhou, Changzhou, and Jiujiang. It has set up wholly-owned subsidiaries overseas, with business spanning multiple countries and regions, continuously providing globally competitive, safe, and reliable products and services to customers. After more than 20 years of development, VEICHI Electric has received numerous accolades, including national and provincial honors such as "High-Tech Enterprise," "Postdoctoral Research Workstation," and "Jiangsu Province Engineering Technology Research Center." As of December 31, 2025, it has been granted 239 patents, including 70 invention patents, providing solid technical, capital, and industrial backing for VEICHI CNC.