Fuda Co., Ltd. announced that the board of directors of the company reviewed and passed a bill to invest in new construction projects, and plans to invest a total of 880 million yuan to build the two major projects, both of which are expected to commence in September 2026. Among them, the large-scale shippower crankshaft digital intelligent production line project has a total investment of 629 million yuan, with a construction period of 20 months, and an annual production capacity of 15,000 pieces of 2m-4.5m large-scale shippower crankshafts; the large-scale shippower crankshaft precision forging project was carried out by the wholly-owned subsidiary Fuda Forging, with a total investment of 251 million yuan. The construction period was 15 months. After completion, it formed a production capacity of 20,000 pieces of large-scale shipelectric crankshaft precision forgings per year. Both projects are currently in the early stages of preparation. They still need to go through a number of pre-approval procedures. There are risks that approval, funding, progress, and benefits fall short of expectations.

Fuda Co., Ltd. announced that the board of directors of the company reviewed and passed a bill to invest in new construction projects, and plans to invest a total of 880 million yuan to build the two major projects, both of which are expected to commence in September 2026. Among them, the large-scale shippower crankshaft digital intelligent production line project has a total investment of 629 million yuan, with a construction period of 20 months, and an annual production capacity of 15,000 pieces of 2m-4.5m large-scale shippower crankshafts; the large-scale shippower crankshaft precision forging project was carried out by the wholly-owned subsidiary Fuda Forging, with a total investment of 251 million yuan. The construction period was 15 months. After completion, it formed a production capacity of 20,000 pieces of large-scale shipelectric crankshaft precision forgings per year. Both projects are currently in the early stages of preparation. They still need to go through a number of pre-approval procedures. There are risks that approval, funding, progress, and benefits fall short of expectations.