Core Viewpoint - The company, Fostar, plans to invest approximately 1 billion RMB in the construction of an intelligent manufacturing project for marine engineering and equipment, aiming to enhance its competitive edge in high-end equipment manufacturing and extend the application of cryogenic technology [1][3]. Group 1: Investment Details - Fostar has signed an investment agreement with the Qidong Municipal Government to develop the "Fostar Marine Engineering and Equipment Intelligent Manufacturing Project" in the Qidong Lusi Port Economic Development Zone, with a total investment of around 1 billion RMB [1]. - The project will cover a total area of approximately 505 acres, including 240 acres of industrial land and 265 acres of industrial sea area, with a coastline usage of about 380 meters [1]. - A wholly-owned subsidiary will be established to manage the investment, construction, and operation of the project, with a registered capital of no less than 588 million RMB [2]. Group 2: Strategic Importance - The application of cryogenic technology in marine engineering is becoming increasingly critical, particularly in the transportation and processing of liquefied natural gas (LNG) [3]. - The project aims to capture market opportunities in high-value marine equipment manufacturing, thereby expanding the company's product application areas and creating new growth points [3]. - The construction of a heavy-duty terminal as part of the project will enhance the company's delivery capabilities for large equipment, improving customer retention and export advantages in the large and super-large equipment sectors [3].

Core Viewpoint - The company, 福斯达 (603173.SH), has signed an investment agreement with the government of 启东市 to establish a high-end equipment intelligent manufacturing project, aiming to enhance the application of deep cooling technology and increase the value of the industrial chain [1] Group 1: Project Overview - The total investment for the project is approximately 1 billion RMB, with a total land and sea area of about 505 acres, including 240 acres of industrial land and 265 acres of industrial sea [1] - The project will focus on producing large marine engineering equipment, large oil and gas modules, and large chemical containers [1] - A heavy-duty terminal will be constructed to meet the manufacturing, assembly, and delivery needs of large equipment [1] Group 2: Company Structure - The company plans to establish a wholly-owned subsidiary in 启东吕四港经济开发区, which will include a manufacturing company, a trading company, and a port logistics operation company [1] - The registered capital for the project company will be no less than 588 million RMB, responsible for bidding on the required industrial land and sea, as well as the investment and operation of the project [1]

Core Viewpoint - The company, 福斯达 (603173.SH), has signed an investment agreement with the government of 启东市 to establish a high-end equipment intelligent manufacturing project, aiming to enhance the application of deep cooling technology and increase the value of the industrial chain [1] Group 1: Project Overview - The total investment for the project is approximately 1 billion RMB, with a total land and sea area of about 505 acres, including 240 acres of industrial land and 265 acres of industrial sea [1] - The project will focus on producing large marine engineering equipment, large oil and gas modules, and large chemical containers [1] - A heavy-duty terminal will be constructed to meet the manufacturing, assembly, and delivery needs of large equipment [1] Group 2: Company Structure - The company plans to establish a wholly-owned subsidiary in 启东吕四港经济开发区, which will include a manufacturing company, a trading company, and a port logistics operation company [1] - The registered capital of the project company will be no less than 588 million RMB, responsible for bidding on the required industrial land and sea, as well as the investment and construction of the project [1]