[Fuda Co., Ltd.: Plans to invest 880 million yuan in the construction of a large-scale marine electric crankshaft and precision forging project] On September 17th, Fuda Co., Ltd. announced that the company’s board of directors reviewed and approved a proposal for the company and its wholly-owned subsidiaries to invest in the construction of a large-scale marine electric crankshaft digital intelligent production line project and a large-scale marine electric crankshaft precision forging project. The total investment of the project is 880 million yuan. It is planned to build a large-scale marine electric crankshaft digital intelligent production line, forming an annual production capacity of 15,000 large-scale marine electric crankshafts covering the range of 2m-4.5m. It is planned to build a production line that can produce large-scale marine electric crankshaft forgings with a length of 2m-4.5m, forming an annual production capacity of 20,000 large-scale marine electric crankshaft precision forgings. The implementation of the above two projects will help enhance the company's market competitiveness in the field of large crankshafts. The announcement shows that the company has established a large-scale marine electric crankshaft division in June 2026, aiming to promote the company to achieve professional operations in the application fields of diesel and natural gas generators such as ship power, backup and emergency power, distributed energy, and large industrial power. The company already has high-quality main engine customers such as Yuchai and Cummins.