Group 1 - The stock price of Jinfu Technology (300128) closed at 6.53 yuan on October 13, 2025, down by 0.46%, with a turnover rate of 5.49% and a trading volume of 712,500 shares, amounting to a total transaction value of 458 million yuan [1] - On October 13, the net outflow of main funds was 10.5652 million yuan, while the net inflow of speculative funds was 11.3461 million yuan, and the net outflow of retail funds was 780,900 yuan [3] Group 2 - Jinfu Technology's wholly-owned subsidiary, Shanghai Jinjinfu New Materials Technology Co., Ltd., has officially signed a project investment agreement for the "New Materials Phase I Eastern Production Base," with a total planned investment of approximately 1.0137 billion yuan [1][3] - The project is located in the Shanghai Carbon Valley Green Bay Industrial Park, covering an area of about 70 acres, with the full fixed asset investment to be completed within 30 months after the land is handed over [1] - The project is expected to achieve an annual output value of no less than 800,000 yuan per acre starting from the year it reaches its production target in 2030, with tax assessments beginning from the production year of 2028 [1]

Core Viewpoint - Suzhou Jinfeng Technology Co., Ltd. has signed a project investment agreement for a new materials production base, indicating a strategic expansion in the new materials sector with significant investment plans [1] Group 1: Company Overview - As of October 13, 2025, Jinfeng Technology's stock closed at 6.53 yuan, down 0.46% from the previous trading day, with a total market capitalization of 8.483 billion yuan [1] - The stock opened at 6.31 yuan, reached a high of 6.58 yuan, and a low of 6.23 yuan, with a trading volume of 4.58 billion yuan and a turnover rate of 5.49% [1] Group 2: Project Details - The project, named "New Materials Phase I Eastern Production Base," is located in the Shanghai Carbon Valley Green Bay Industrial Park and covers an area of approximately 70 acres [1] - The total planned investment for the project is about 1.0137 billion yuan, with fixed asset investment to be fully in place within 30 months after the land is handed over [1] - The land cost will be calculated based on the actual acreage, with an advance payment of 5 million yuan for infrastructure [1] Group 3: Financial Projections - The project is expected to achieve an annual output value of no less than 800,000 yuan per acre starting from the year it reaches its production target in 2030 [1] - Tax assessment will commence from the production year of 2028, with a cumulative tax revenue target of no less than 91 million yuan for the first assessment period [1] - From 2031 onwards, tax assessments will occur every three years, with an average annual tax revenue target of no less than 56 million yuan [1]