Guilin Fuda Co., Ltd. (603166.SH) plans to invest 30 million yuan to establish Guilin Fuda Equipment Technology Co., Ltd.
Fuda Corporation (603166.SH) announced that the company is integrating its existing mold manufacturing business in the upstream field of forging.
Guilin Fuda Co., Ltd. (603166.SH) announced that the company plans to integrate existing mold manufacturing related businesses in the upstream field of forging, further expand and connect the mold, tool, fixture manufacturing, chemical, lubricant processing, and other related business chains, enhance the synergy of the industrial chain. The company plans to invest 30 million yuan with its own funds to establish a wholly-owned subsidiary Guilin Fuda Equipment Technology Co., Ltd. (tentative name).
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