FREEWON(SH:688678) Ge Long Hui A P P·2025-09-10 09:24Core Viewpoint - Fuliwang (688678.SH) is expanding its production capabilities in response to increasing demand for high-strength and high-toughness steel wires in sectors such as bridges, high-speed rail, power grids, and coal [1] Investment Project Summary - The company’s subsidiary, Qiangxin Technology, plans to sign an investment agreement for a high-end wire rod project in Nantong High-tech Industrial Development Zone, with a total investment of 500 million yuan [1] - The project will involve approximately 300 million yuan in fixed asset investment, including around 200 million yuan for equipment and 100 million yuan for land and factory construction [1] - The project site is located on a 79-acre plot in Nantong High-tech Zone, specifically south of Kangfu Road, east of Jincheng Road, and west of Shuangfu Road [1] Production Capacity Expansion - Upon completion, the project will enhance the company’s production and R&D capabilities for various high-strength prestressed steel strands, including those used in bridge cables, coal mine anchor cables, railway infrastructure, ultra-high voltage overhead lines, diamond wires, and marine ropes [1]