Lutian Machinery (605259.SH) plans to invest no more than 250 million yuan to construct a new intelligent manufacturing base and research and development center project.

Lutian Machinery (605259.SH) released an announcement to deepen the company's technological advantages and industrial layout in the two core areas of power electronics and motor drive, improve the full-chain product ecosystem from "power generation, energy storage, to power usage and drive," enhance core technology and manufacturing capabilities, consolidate and expand market share. The company plans to invest in the construction of an intelligent manufacturing base and research and development center in Nanan District, Chongqing, with "inverters" and "motors, electric control systems" as the core, with a total investment not exceeding 250 million yuan. This project aligns closely with the company's main business upgrade direction and global market development trends, and is a key strategic move to enhance the company's core competitiveness and expand future development space. This investment project focuses on the company's core technological capabilities, strategically extending and deepening in the industrial chain, with good profit prospects. Once completed, the project will significantly enhance the company's vertical integration and customized solution capabilities in the energy storage system and motor control fields, helping to further strengthen and improve the company's market competitiveness and profitability, laying a foundation for the company's high-quality development and aligning with the company's long-term development strategic planning.