Guilin Fuda Co.,Ltd.(603166.SH) plans to invest 880 million yuan to build a new large marine engine crankshaft and precision forgings project.

Guilin Fuda Co.,Ltd.(603166.SH) has announced that, in order to optimize its product structure and deepen its expansion into the high-end equipment manufacturing sector, the company established a Large Marine Engine Crankshaft Business Division in June 2026, aiming to promote specialized operations in diesel and natural gas generator application fields such as marine power, backup and emergency power, distributed energy, and large industrial power, and to carry out more systematic market development work. The company plans to use its own or self-raised funds of 629 million yuan to invest in the construction of a large marine engine crankshaft digital-intelligent production line project. At the same time, in order to support the large marine engine crankshaft product business, fully leverage the company's advantages in precision forging, extend its layout upstream in the industrial chain, and further enhance its forging and processing capacity for large crankshaft blanks, the company plans to use its wholly-owned subsidiary Guilin Fuda Heavy Industry Forging Co., Ltd. ("Fuda Forging") as the implementing entity and invest its own or self-raised funds of 251 million yuan to build a large marine engine crankshaft precision forgings project. The implementation of the above two projects will help enhance the company's market competitiveness in the large crankshaft field.