Hyatech Announces Malaysian Facility to Add Annual Capacity of 1.5 Million Compressor Blades and 1 Million Orthopedic Implant Forgings

Gelonghui May 13 | An investor asked Hyatech on an interactive platform: The new factory in Malaysia and the capacity of the Wuxi casing are both progressing. When are they expected to start production? What will be the additional capacity and revenue contribution after reaching full production? How does setting up factories overseas balance cost and geopolitical risks?

Hyatech responded that the completion and full production of its new factory in Malaysia is expected to achieve an annual additional production capacity of 1.5 million compressor blades and 1 million medical orthopedic implant forgings, which will help the company further integrate into the global aviation and medical industry chains and enhance supply chain resilience. After the completion of the Wuxi project, it is expected to generate an annual production capacity of approximately 8,000 casings, aiming to enhance the professional capabilities of the casing business, optimize the company's existing product structure, and improve overall business resilience and customer cooperation depth. Regarding the progress of the construction of these two projects, the company will fulfill its information disclosure obligations in a timely manner in accordance with laws and regulations. Please continue to follow the company’s subsequent announcements. The above-mentioned capacity layout is based on rigorous feasibility studies and demonstrations, and is a prudent decision made after fully evaluating cost-effectiveness and geopolitical risks, in line with the company’s medium and long-term development strategy.