Lecco Defense's wholly-owned subsidiary, Xi'an Hengda Microwave Technology Development Co., Ltd., has announced plans to invest 300 million yuan in the construction of the Hengda Microwave Equipment Intelligent Manufacturing Center. Spanning an area of 37.6 acres with a total construction area of approximately 58,000 square meters, this initiative is aimed at bolstering the company's core competitiveness. The investment is aligned with both national and local policies, as well as the company's strategic planning. Representing 8.72% of the company's audited net assets as of the end of 2024, this investment does not necessitate shareholder meeting approval.
