Qinchuan Machine Tool announced that its subsidiary Walker Gear plans to implement the “High-end Renovation Project for High-Precision Gears for New Energy Passenger Vehicles”. The total investment of the project is 57 million yuan, and the construction period of the project is 40 months. The project aims to improve the technical level and product accuracy of high-precision gear manufacturing, and enhance rapid response and service capabilities to the diverse needs of customers. The project was funded by Walker Gear itself. The company's current financial situation is stable. The capital is invested in stages according to the construction schedule. It will not have a significant impact on business performance in the short term, nor will it harm shareholders' interests.

Qinchuan Machine Tool announced that its subsidiary Walker Gear plans to implement the “High-end Renovation Project for High-Precision Gears for New Energy Passenger Vehicles”. The total investment of the project is 57 million yuan, and the construction period of the project is 40 months. The project aims to improve the technical level and product accuracy of high-precision gear manufacturing, and enhance rapid response and service capabilities to the diverse needs of customers. The project was funded by Walker Gear itself. The company's current financial situation is stable. The capital is invested in stages according to the construction schedule. It will not have a significant impact on business performance in the short term, nor will it harm shareholders' interests.