Core Viewpoint - The company, Zhongjie Resources, is investing approximately RMB 199.81 million to enhance its core component supply capabilities and market competitiveness through a project aimed at producing 2 million sets of high-end intelligent sewing machine key components annually [1][2]. Group 1: Project Overview - Project Name: Annual production of 2 million sets of high-end intelligent sewing machine key components equipment update and technology transformation project [2]. - Implementing Entity: Zhejiang Zhongjie Sewing Technology Co., Ltd. [2]. - Project Location: Yuhuan City, Zhejiang Province, in the southern part of the Yuhuan Intelligent Sewing Equipment Industrial Park [2]. Group 2: Project Details - Construction Content and Scale: The project will utilize three existing buildings in the Yuhuan Intelligent Sewing Equipment Industrial Park, including one for casting, one for dormitory, and one for a comprehensive building, without adding new structures. The project aims to achieve an annual production capacity of 2 million sets of high-end intelligent sewing machine key components [2]. - Investment Estimation and Funding Sources: The total estimated investment is RMB 199.81 million, which includes engineering costs of RMB 169.82 million, other construction costs of RMB 5.82 million, contingency fees of RMB 4.39 million, interest during construction of RMB 4.51 million, and working capital of RMB 15.27 million. Funding will be sourced from a combination of self-owned funds and bank loans [2]. - Construction Period: The expected construction period is 24 months [2].

Core Viewpoint - The company plans to enhance its core component supply capability and market competitiveness through a significant investment project aimed at producing high-end smart sewing machine key components [1] Group 1: Project Overview - Project Name: Annual production of 2 million sets of high-end smart sewing machine key components equipment update and technology transformation project [2] - Implementing Entity: Zhejiang Zhongjie Sewing Technology Co., Ltd. [2] - Construction Location: Yuhuan City, Zhejiang Province, in the Yuhuan Smart Sewing Equipment Industrial Park [2] Group 2: Project Details - Construction Content and Scale: The project will utilize existing buildings in the industrial park, including three buildings for casting workshop, dormitory, and comprehensive building, without adding new structures. The project aims to achieve an annual production capacity of 2 million sets of key components [2] - Investment Estimation and Funding Sources: The total estimated investment is approximately RMB 199.81 million, with major costs including engineering expenses of RMB 169.82 million, other construction costs of RMB 5.82 million, contingency fees of RMB 4.39 million, interest during construction of RMB 4.51 million, and working capital of RMB 15.27 million. Funding will be sourced from self-owned funds and bank loans [2] - Construction Period: The expected construction period is 24 months [2]