Eddy Precision announced that the company has basically completed the construction of a new project with an annual output of 16,000 hydraulic breakers, 36,000 units of diversified accessories, and 80,000 sets of high-end hydraulic parts in Thailand. It has achieved the expected construction goals and met the completion conditions, and plans to close the project. As of August 30, 2026, the adjusted capital raised by the project was 250 million yuan, with a total investment of 238 million yuan, with savings of 11.8508 million yuan. The company plans to permanently supplement the working capital with this savings. This settlement is exempt from the board review process, and there is no need for the sponsor to express express consent.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.