According to CoinMeta, on November 4th, during the third-quarter earnings conference, Mao Jiaming, the chairman of Honghe Technology, mentioned that the Huangshi Hong High-Performance Special Electronic Yarn project is already under construction due to high market demand. Financing through an H-share listing is one of the sources of funds for the expansion of this project in Huangshi. The company has initiated construction using its own funds, bank loans, and production capacity guarantees as methods of financing. From January to September 2026, the revenue from special fabrics accounted for about 30% to 40% of the total revenue from electronic fabrics. With the increase in production capacity of special electronic fabrics, it is expected that the proportion of revenue from special fabrics will continue to rise.