Core Viewpoint - Zhongjian Technology announced the successful development of the M40X product, which has garnered interest from users in high-rigidity applications, particularly in the aerospace and aviation sectors [1] Group 1 - The M40X product has been in development for several years, addressing the demand for high-rigidity products [1] - Communication with user units regarding the M40X has been positive, with satisfactory validation results [1] - The company has a dedicated graphitization production line that can manufacture not only the M40X but also other products in the M series [1] Group 2 - The company previously missed market opportunities due to insufficient production capacity but is now focused on regaining these opportunities through various efforts [1] - There is a strong confidence within the company regarding its ability to capture these market opportunities moving forward [1]

Core Viewpoint - Zhongjian Technology (300777) announced on October 30 that its fourth-phase project consists of two parts: precursor production and carbonization. The carbonization section is currently under construction, with two out of four production lines having completed the installation of main equipment and entering the single-machine debugging phase [1] Group 1 - The company expects all four production lines to be completed by the Spring Festival, with initial debugging on the first two lines, although product delivery will require user validation, indicating a timeline for market readiness [1] - All four production lines in the fourth-phase project are capable of producing 9H products, and an additional graphitization line is included to manufacture higher modulus products such as M40X and M55J [1] - The fourth-phase project has improved product grade compared to the third phase, as the company has considered both current production needs and future product layout [1]