[Hangyu Technology: Plans to invest 600 million yuan in the research and development and production capacity improvement project of ring forgings for aircraft engine gas turbines] On October 8, Hangyu Technology (688239.SH) announced that the company plans to invest in the research and development and production capacity improvement project of ring forgings for aircraft engines and gas turbines in Shawen Ecological Technology Industrial Park, Guiyang National High-tech Zone, with a total investment of approximately 600 million yuan, including 545 million yuan in fixed asset investment and 55 million yuan in working capital. The project construction period is 60 months, and is expected to start in June 2027 and be officially put into production in June 2032. The source of funds is the company's own and self-raised funds. This investment aims to enhance independent research and development capabilities, expand business scale, and increase market share. Project implementation still requires preparatory procedures such as land, project establishment, and environmental impact assessment, and there is a risk of postponement, change, or termination.