Group 1 - The company held its fourth board meeting on November 17, 2025, where several key resolutions were passed, including changes to investment projects and financial arrangements [2][4][6] - The board approved a significant change to the "Optical Lens and Module Capacity Expansion Project," increasing the total investment from 289.23 million RMB to 865.84 million RMB and extending the project timeline from 2 years to 3 years [3][10][14] - The company plans to use 106.07 million RMB of excess raised funds for additional investments in the project [3][10] Group 2 - The company will apply for a bank loan of up to 480 million RMB, with a term not exceeding 10 years, to fund the construction of the new R&D and manufacturing headquarters [5][32][36] - The board approved an increase in the independent director's allowance from 60,000 RMB to 72,000 RMB per year, effective upon approval at the upcoming shareholder meeting [7][38][39] - A temporary shareholder meeting is scheduled for December 5, 2025, to review the resolutions passed by the board [41][42][47] Group 3 - The project aims to establish a new R&D and manufacturing headquarters in Zhongshan, which will enhance production capacity and operational stability by moving away from leased facilities [10][12][17] - The project is expected to significantly increase production capacity, adding approximately 38.94 million units of optical lenses and modules, which aligns with the company's strategic growth plans [14][18][21] - The company has a strong customer base in high-growth markets such as smart homes and automotive, which will support the absorption of the new production capacity [22][23]

Group 1 - The company Guangdong RIFENG Cable Co., Ltd. has approved a project loan application backed by its own assets to support the "New Energy and Special Equipment Cable Component Project" [1][2] - The company plans to mortgage state-owned construction land and ongoing projects located in Zhongshan City, Guangdong Province, to the Bank of Communications Zhongshan Branch for a loan amount not exceeding RMB 150 million [1][2] - The company has completed the real estate mortgage procedures and obtained the real estate registration certificate, confirming that the mortgage will not affect its production and operations [2]