By the end of January, the contract order of Guilin Machine Tool Co., Ltd. had reached 130 million yuan, a significant increase over the same period of the previous year. In 2004, Guilin Machine Tool participated in 7 machine tool exhibitions and won a formal contract and intention contract of 90 million yuan. The company developed 46 new products last year and completed trial production of 28 new products including dual-spindle and double-knife gantry five-sided machining centers.
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