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Axxon-Mycronic Groundbreaking ceremony in Shenzhen, China

2026-07-15

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Shenzhen, CHN — July 2026  Axxon-Mycronic is pleased to mark the groundbreaking of a new green field campus in Long Hua District, Shenzhen, China.

This marks that the division will build an industrial park on its self-owned land with an annual production capacity of up to 15,000 units in the future to support higher profitable growth and longer-term goals ahead.

The new building is named Maixin Building (迈心大厦), combining the first Chinese character "Mai" from Mycronic and the second character "Xin" from Axxon(High Volume Division of Mycronic).

"Mai" stands for vision and ambition, while "Xin" symbolizes dedication and competitiveness. Together, the two characters embody the core philosophy of sustainable and synergistic growth.

“This project represents much more than a new building. It represents our confidence in the future, our commitment to innovation, and our belief in the continued growth of China's advanced manufacturing industry.” said Anders Lindqvist, President and CEO of Mycronic. “ Today's groundbreaking marks the beginning of the next chapter.”

“This site will serve as the brand-new R&D and manufacturing headquarters of the Axxon, housing a high-precision, intelligent advanced equipment manufacturing center with a total construction area of 85,000 square meters.” said Ivan Li, Sr VP of High Volume. “By focusing on innovation, we will sustainably support the development of the global high-end manufacturing industry.”

The new green field campus is scheduled for completion by the end of 2028.

 

 

 

About Axxon-Mycronic

Axxon-Mycronic, part of the Mycronic Group, is a global leader in advanced dispensing and conformal coating solutions for electronics manufacturing. With a focus on precision, reliability, and innovation, Axxon-Mycronic delivers cutting-edge technologies tailored to high-volume production environments. From dispensing adhesives, sealants, and solder pastes to providing industry-leading conformal coating systems, Axxon-Mycronic empowers manufacturers to achieve superior product quality and efficiency. 

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