Core Viewpoint - Fosda (603173.SH) has approved an investment plan for the "Fosda Marine Engineering and Equipment Intelligent Manufacturing Project" with a total investment of approximately 1 billion RMB [1] Group 1: Investment Details - The project will be located in the East Port Area of the Qidong Lusi Port Economic Development Zone, covering a total area of about 505 acres [1] - The company plans to establish a wholly-owned subsidiary for the project, along with a trading company and a port logistics operation company [1] - The project company will be responsible for bidding for the necessary industrial land and sea, as well as the investment, construction, and operation of the project [1] Group 2: Corporate Actions - The wholly-owned subsidiary project company has completed the business registration process and has recently obtained a business license issued by the Qidong Data Bureau [1]