ChuanYi Co., Ltd.: Plans to invest 347 million yuan to implement the Independent and Controllable Intelligent Instrument and Meter Technology Innovation Base Project

Source: Shanghai Securities News · China Securities Network

The CSN reports from Shanghai Securities News: Chuanwei Co., Ltd. announced on the evening of March 31 that, in order to actively respond to the national strategic requirements for independent and controllable instrument and equipment industry chains and supply chains, to overcome the technical bottlenecks and production capacity constraints related to high-performance materials and precision components, to ensure the performance, reliability, and supply-chain security of complete intelligent instruments and equipment systems, and to enhance the company’s core competitiveness, the company plans to invest in and implement the independently controllable intelligent instruments and equipment technology innovation base project. The total investment amount will not exceed 34,738 million yuan.

According to the report, the project will, based on the existing equipment of two divisions of Chuanwei Co., Ltd.—its Metal Functional Materials Sub-Company and Crystal Technology Sub-Company—make additional equipment investments and conduct technical retrofitting, to build multiple production lines such as metal composite materials and gemstone components and related electronic parts. The construction period is 30 months, with plans to commence in 2026 and officially start production in 2028.

On the same day, the board of directors of Chuanwei Co., Ltd. also completed the appointment of the company’s senior management team. Mr. Wu Zhengguo was appointed as the company’s general manager; Ms. Li Yao was appointed as the secretary of the board of directors; Mr. Jiang Tao, Mr. Wu Yu, Mr. Li Huan, and Mr. Li Yidong were appointed as deputy general managers; Mr. Wang Gang was appointed as deputy general manager and chief engineer; Ms. Li Yao was appointed as deputy general manager and person in charge of finance; Mr. Hu Hao was appointed as the company’s chief legal counsel; and Ms. Wang Yanyan was appointed as the representative for securities affairs. The terms of office for all appointees are consistent with the term of the current board of directors.

It is reported that after the state-owned enterprise group Guo Ji Group took control of Chuanwei Co., Ltd., the company completed changes to its board of directors in December 2025. Four individuals from Guo Ji Group, Mr. Li Cili, Mr. Zhu Xinxin, Mr. Wang Xiaohu, and Ms. Zeng Yanli, entered the board of directors, and Mr. Li Cili was elected as the chairman of the board. (Wang Yi)

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