Core Viewpoint - The company, 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 material project in Nantong High-tech Industrial Development Zone, with a total investment of 500 million yuan [1] - The project includes approximately 300 million yuan in fixed asset investment, with around 200 million yuan allocated for equipment and 100 million yuan for land and factory construction [1] - The construction period for the project is set at 26 months, with an expected completion and production start date by the end of March 2028 [1] Production Capacity Expansion - Upon completion, the project will enhance the company's R&D and production capabilities for various high-strength prestressed steel strands and other materials used in bridge cables, coal mine anchor cables, railway infrastructure, ultra-high voltage overhead lines, diamond wires, and marine ropes [1] - The implementation of this project is expected to enrich the company's product offerings and strengthen its core competitiveness in R&D, production, and sales of wire materials [1] - Additionally, the project will optimize the company's business structure, expand its business segments, and enhance its sustainable development capabilities, positively impacting the company's long-term growth [1]