China BPIC Surveying Instruments AG announced that the 2 new semi-automatic assembly lines have been successfully installed within their existing production site located in Changping District, Beijing, China. BPIC is vigorously pushing ahead its expansion plan to capture the opportunities in the growing surveying instruments market. The 2 new semi-automatic assembly lines are currently under final inspection by the Company.

Trial production is expected to commence by the end of this year and commercial production to start at the beginning of 2014. With the new semi-automatic assembly lines, the resulting increase in production capacity and enhancement in efficiency shall have a positive impact on the revenue and gross margin of the Company starting from fiscal year 2014.