Zhitong Finance App News, Fuda Co., Ltd. (603166.SH) announced that in order to optimize the product structure and develop in depth into the field of high-end equipment manufacturing, the company established a large-scale ship electric crankshaft division in June 2026 to promote the company to achieve specialized operation and carry out more systematic market expansion work in diesel and natural gas generator applications such as ship power, backup and emergency power supplies, distributed energy, and large-scale industrial power. The company plans to use its own or self-raised capital of 629 million yuan to invest in the construction of a large-scale intelligent production line project for shippower crankshafts.

At the same time, in order to support the large-scale shipbuilding crankshaft product business, give full play to the company's advantages in the field of precision forging, extend the layout to the upstream industrial chain, and further enhance the forging and processing capacity of large crankshaft blanks, the company plans to use its wholly-owned subsidiary Guilin Fuda Heavy Industry Forging Co., Ltd. (“Fuda Forging”) as the main implementing entity to invest 251 million yuan in the construction of large-scale shippower crankshaft precision forging projects. The implementation of the above two projects will help enhance the company's market competitiveness in the field of large crankshafts.

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