Fulin Precision (300432.SZ) plans to build a new Siasun Robot & Automation intelligent electrical joint module production line in Mianyang City to expand its industrial chain layout.

Fulin Precision (300432.SZ) announced that the company intends to sign an investment agreement with the Fucheng District People's Government of Mianyang City on the "Siasun Robot&Automation Intelligent Electric Joint Module Research and Production Base Project". The company plans to invest in and construct the Siasun Robot&Automation Intelligent Electric Joint Module Research and Production Base Project in Fucheng District, Mianyang City, with a total investment of 110 million yuan. The project will be located in the Phase I workshop of the Lian Dong U Valley Industrial Park in the East District of Mianyang Industrial Park, Sichuan Province. It will establish a production line for Siasun Robot&Automation intelligent electric joint modules, with products mainly used in humanoid Siasun Robot&Automation, robotic dogs, and other fields. The announcement stated that this investment will help expand the company's layout in the new energy vehicle intelligent electronic control, vehicle-mounted electric drive, and other component industry chains. It will also help further undertake and meet customer's product development and delivery needs, and enhance the company's competitive advantage in the intelligent Siasun Robot&Automation industry.