EAST ASIA MACHINERY INDUSTRIAL plans to invest in a smart manufacturing base project for central China air compressors and core components in HeLu Industrial New City

According to the Zhitong Finance APP, East Asia Machinery (301028.SZ) announced that in order to optimize the company's industrial and regional layout, enhance the market share of its products, better meet market demand, and achieve the company's long-term development strategy, it plans to sign a "Project Investment Agreement" with the HeLu Industrial New City Construction Management Committee. The plan is to establish an independent legal entity project company in HeLu Industrial New City, Lujiang County, Hefei City, Anhui Province, to implement the construction of an intelligent manufacturing base for air compressors and core components in Central China, with a total planned investment of approximately RMB 400 million.

This external investment is based on the company's positive expectations for the future development prospects of the industry. The Central China market is one of the company's important market areas, with a large customer base in this region. The implementation of the project will help the company integrate and optimize resources in market expansion, product and technical services, and reduce overall costs; it will also help the company focus deeply on the core needs of target markets and customers, striving to provide more efficient application services. This will optimize the company's industrial and regional layout and lay a strategic foundation for the company's long-term development