Lianyungang Fuchi Intelligent Manufacturing Technology Co., Ltd. was established on May 29, 2020 with a registered capital of 150 million. The company is located at No. 6, Yanchi West Road, Lianyungang Lianyun District, which is divided into powder metallurgy MIM plant area and powder metallurgy PM plant area, with a total staff of about 750. The powder metallurgy MIM plant covers an area of 210 mu, with a construction investment of about 280 million yuan, a total construction area of 84000 square meters, and 350 employees. The process involves a production line integrating injection, degreasing, sintering, polishing, heat treatment, PVD, electroplating process, and ceramic injection molding, with a planned output value of about 2 billion yuan/year. It is mainly used in automotive, consumer electronics, medical and electric power locks and other fields. The PM plant covers an area of 200 mu, with 400 employees. It is mainly used in the production of automobile VVT systems, gear boxes, engine parts and household electrical appliances. In the future, Lianyungang Fuchi Intelligent Manufacturing Technology Co., Ltd. will become a strategic production base integrating development and delivery, and is committed to becoming a benchmark enterprise in the domestic powder metallurgy industry.