Core Viewpoint - The establishment of Chang's New Materials Technology (Shanghai) Co., Ltd.'s production base in Ningbo, Zhejiang, marks a significant investment in high-end optical film manufacturing, aiming to support the development of industries such as new energy vehicles and displays in the Yangtze River Delta region [1][4]. Investment and Project Details - The total investment for the project is approximately 1 billion RMB, with a planned land area of 80 acres and a total construction area of 115,337.92 square meters, to be built in two phases [4]. - The project will feature a modern intelligent factory that integrates production, research and development, and supporting facilities [4]. Production Capacity and Revenue Projections - Upon full production, the facility is expected to achieve an annual production capacity of 13,000 tons of high-end optical functional films, generating annual sales revenue exceeding 1.3 billion RMB [4]. Product Focus and Applications - Chang's New Materials specializes in the research, production, and sales of optical and electronic nano new materials, with core products including MLCC electrode nano Ni slurry, BOPET multilayer optical films, electronic anti-peep films, and nano thermal insulation materials, which are widely used in MLCC, electronic displays, new energy, automotive, and consumer electronics sectors [4][5]. Recent Financing - In July of this year, Chang's New Materials completed a B+ round financing of nearly 200 million RMB, with funds primarily allocated for the construction of new production bases in Ningbo and Taizhou [5].