MLC is actively gearing up to launch its first production line in China. Now, at the pre-launch stage, it is important to expand cooperation and consolidate partnerships.
While preparing for the production launch, the MLC team made a business trip to China to hold talks with the new partners and discuss mutually beneficial contractual terms that will open up great opportunities for growth and effective cooperation for our company.
We are proud to share with you the important outcome of the trip! The search for potential manufacturers for all parts of our CGM Fly system has been completed! This is a major step towards launching the first production line.
We have also carried out successful preparation of contract manufacturing. Negotiations of intent are now underway, the terms of reference are being agreed and we are already initiating the process of preparing for the production of some components for our CGM Fly product.
We are confidently progressing towards our common goal! There's a lot of big news in store!