Core Viewpoint - The company announced the approval of a significant investment project aimed at enhancing its capabilities in the precision mold manufacturing sector, specifically focusing on key materials for large precision cover parts [1] Group 1: Project Details - The board of directors approved the investment in the "Intelligent Additive Manufacturing Project for Key Materials of Large Precision Cover Parts Molds (Phase I)" [1] - The project will be undertaken by the wholly-owned subsidiary, Ruihu New Materials, which will receive additional funding or loans for its construction [1] - Upon completion and full production, the project is expected to achieve an annual production capacity of 36,000 tons of iron-based large precision forming equipment blanks and 3,000 tons of steel-based large precision forming equipment blanks [1] Group 2: Financial Aspects - The total investment for the project is set at 267 million yuan [1]

Core Viewpoint - The company plans to invest in a large-scale precision mold key material intelligent additive manufacturing project, which aims to enhance production capacity and improve product quality while reducing costs [1] Investment Details - The total investment for the project is approximately 267 million yuan [1] - The construction period for the project is set at 24 months [1] Production Capacity - Upon completion, the project will have an annual production capacity of 36,000 tons of iron-based large precision forming equipment blanks and 3,000 tons of steel-based large precision forming equipment blanks [1] Strategic Benefits - The project will ensure that customer order cycle requirements are met [1] - It will allow for self-control over the quality of key raw materials, promoting stability in mold product quality [1] - The initiative is expected to lower comprehensive costs of molds, enhancing market competitiveness [1]

Core Viewpoint - The company plans to invest in a large-scale precision mold key material intelligent additive manufacturing project, which aims to enhance production capacity and improve product quality while reducing costs [1] Group 1: Project Overview - The project will be constructed by Wuhu Ruihu New Materials Technology Co., Ltd., a wholly-owned subsidiary of Ruihu Mould [1] - The total investment for the project is approximately 267 million yuan [1] - The construction period for the project is set at 24 months [1] Group 2: Production Capacity - Upon completion, the project will have an annual production capacity of 36,000 tons of iron-based large precision forming equipment blanks and 3,000 tons of steel-based large precision forming equipment blanks [1] - The project will enhance the company's ability to manufacture models, main bodies, and backend processing [1] Group 3: Strategic Benefits - The project aims to meet customer order cycle requirements and improve the quality of key raw materials, thereby stabilizing the quality of mold products [1] - It is expected to lower the comprehensive costs of molds, enhancing the market competitiveness of mold products [1]