On July 5, 2024, Savelli Technologies S.r.l. (registered brand and trademark “SAVELLI since 1842” – www.savelli.it ) and Weifang Kailong Machinery Co. Ltd. held a signing ceremony in Shanghai, officially announcing the establishment of the new Chinese company, Savelli Machinery Weifang Co. Ltd. This new venture, majority-owned by Savelli Technologies, which has held the trademark and related intellectual…