According to CoinMeta and an international composite materials announcement, the company held a board of directors meeting on November 5, 2026, where the "Proposal on the Construction of High-Performance Electronic Fiber Cloth (Longshan) Project" was reviewed and approved. The company agreed to invest 1.158 billion yuan in the project, of which 1.126 billion yuan is for construction investment, 20.236 million yuan for working capital, and 12.159 million yuan for interest during the construction period. The project is a new construction, located at No. 1 Longshan Road, Changshou Economic and Technological Development Zone, Chongqing. The production capacity of the project will be 111 million meters of electronic-grade glass fiber cloth per year, with a construction period from November 2026 to September 2027. The funding for the project will come from the company's own funds and bank loans. This investment matter falls within the authority of the board of directors and does not require review by the shareholders' meeting.