On June 3, 2021, the Ministry of Science and Technology approved Fusheng Precision’s investment application for the Southern Taiwan Science Park. Under this proposal, the company will lease 50,000 square meters of land in the Kaohsiung Science Park to construct an aerospace production base. This facility will comprise several factory buildings utilizing advanced processes and diverse materials to manufacture aerospace components.
We believe this project will further enhance and integrate the company’s aerospace production capabilities. We anticipate that the aerospace business will become one of the company’s key growth engines in the future. Please note that the production of golf products is not included in the scope of this specific project.
