Guizhou Aviation Technical Development (688239.SH) plans to invest in the construction of a project to enhance the R&D and production capacity of ring forgings for aircraft engines and gas turbines.

Guizhou Aviation Technical Development (688239.SH) announced that the company plans to invest in a project for enhancing the R&D and production capacity of ring forgings for aircraft engines and gas turbines in the Shawen Ecological Science and Technology Industrial Park of Guiyang National High-tech Zone. The total investment of the project is 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, with construction expected to start in June 2027, infrastructure construction to be completed and trial operation to begin in June 2030, and official production and operation to commence in June 2032. This investment is in line with the company's development strategy for high-end equipment forgings and precision machining, and will help the company seize market opportunities against the backdrop of rapid development in the superalloy ring forgings and aerospace industries, expand business scale, increase market share, and achieve economies of scale, thereby enhancing its overall competitiveness.