ZheJiang FengLi Planned to increase 730 million yuan for intelligent manufacturing projects in the gear field
On August 5, 2025, Zhejiang Fengli Intelligent Technology Co., Ltd. announced its "2025 Plan for the Issuance of A-Shares to Specific Targets." The company plans to issue A-Shares to no more than 35 specific targets, raising no more than RMB 730 million through a private placement.
The funds will be used for the intelligent manufacturing of precision power gears for new energy vehicles, a next-generation precision transmission manufacturing project, the construction of a precision transmission R&D center, and to supplement working capital.
The New Energy Vehicle Precision Power Gear Intelligent Manufacturing Project plans to invest RMB 324,002,500 to build a production line for precision power gears for new energy vehicles, with an expected annual output of 9 million units. This project will help Fengli Intelligent further adjust its product mix, expand production scale, and enhance its risk resilience, thereby consolidating and strengthening Fengli Intelligent's leading position in the gear manufacturing industry.
The New Generation Precision Transmission Project plans to invest RMB 257,561,800 to build a precision transmission device production line, with an expected annual output of 180,000 harmonic reducers, 200,000 micro reducers, and 60,000 planetary reducers. This will help expand the production capacity of precision reduction products, enrich the product mix, broaden application areas, achieve business transformation and upgrading, and further enhance industry competitiveness.
The Precision Transmission R&D Center Construction Project plans to invest RMB 80,516,000. This center will support the modularization of Fengli Intelligent's products, primarily encompassing new product development, manufacturing, and testing, and enhancing Fengli Intelligent's R&D, technical, and innovation capabilities for modularized products. The main research and development directions include the entire process of design, manufacturing, and testing of precision reducer mechatronics module products, as well as energy and digital technologies for new energy and high-end equipment applications.
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