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Luozhu Co., Ltd. announced that the company held the 26th meeting of the first board of directors on September 22, 2026 to review and approve the proposed investment in the construction of high-reliability civil aviation bearing development and production capacity improvement projects and bearing development and industrialization projects for high-speed rail, standard subways and standard city trains. The total investment of the projects was 389 million yuan and 381 million yuan respectively, and the construction period was 3 years; this matter still needs to be submitted to the company's shareholders' meeting for consideration.
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Luozhu Co., Ltd. announced that the company held the 26th meeting of the first board of directors on September 22, 2026 to review and approve the proposed investment in the construction of high-reliability civil aviation bearing development and production capacity improvement projects and bearing development and industrialization projects for high-speed rail, standard subways and standard city trains. The total investment of the projects was 389 million yuan and 381 million yuan respectively, and the construction period was 3 years; this matter still needs to be submitted to the company's shareholders' meeting for consideration.
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