Core Viewpoint - Shanghai Huafeng Aluminum Co., Ltd. has successfully obtained the land use rights certificate for an industrial site in Chongqing, which is crucial for the implementation of its new project aimed at producing high-end aluminum plates and foils for electric vehicles [2][6]. Group 1: Investment Overview - The company plans to invest in a project with an annual production capacity of 150,000 tons of high-end aluminum plates and foils for electric vehicles, with a total investment of 198 million yuan [4]. - The project has been revised to increase its capacity to 450,000 tons, with an adjusted total investment of 261.9 million yuan [5]. Group 2: Progress of External Investment - Recently, the wholly-owned subsidiary, Huafeng Aluminum Co., Ltd., successfully acquired the land use rights for an industrial site in the Fuling District of Chongqing for a total price of 13.81 million yuan [6]. - The acquired land covers an area of 354,081 square meters and is designated for industrial use, with the land use rights valid until April 23, 2075 [7][8]. Group 3: Impact on the Company - Obtaining the land use rights certificate will facilitate the smooth advancement of the "450,000 tons high-end aluminum plates and foils intelligent construction project," enhancing the company's core competitiveness and industry influence [8]. - The funding for this project will come from the company's own resources, ensuring that it does not affect the normal operations or financial status of the company [8].