Core Viewpoint - The company has approved an investment project for upgrading high-performance HDI printed circuit board production, with a total investment of 1.008 billion yuan (excluding tax) [1] Group 1: Project Details - The project will be implemented by the company's subsidiary, Shantou Ultrasonic Printed Circuit Board (Third Factory) Co., Ltd. [1] - Funding for the project will come from 720 million yuan in bank loans and the company's own funds [1] - The project involves site renovation and equipment procurement over a period of 1.5 years starting in 2026 [1] Group 2: Production Capacity and Financial Projections - The project is expected to add an annual production capacity of 240,000 square meters [1] - It is projected that by December 2026, the design capacity will reach 50%, and by June 2027, it will reach 100% [1] - Once fully operational, the project is expected to generate an additional annual sales revenue of 808 million yuan and a total profit of 112 million yuan, with a post-tax static investment payback period of 7.29 years [1] Group 3: Risks - The project is subject to risks related to policies, market conditions, and supply chains [1]