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On September 22, Guangdong Yinxii Technology Co., Ltd. (hereinafter referred to as Yinxii Technology) issued a statement announcing its intention to invest 600 million yuan in establishing the “Yinxii Polymer New Materials Industrial Park” in Dongguan City, and to invest 300 million yuan in building a production facility for new materials in Zhuhai. Introduction to the Zhuhai Production Base Construction Project for Yinxi New Materials 1. Project owners: Yinxi Technology and/or its holding subsidiary, Suzhou Yinxi Technology Co., Ltd., as well as Yinxi Engineering Plastics (Dongguan) Co., Ltd., intend to establish a holding company—Zhuhai Yinxi Technology Co., Ltd.—to undertake this construction project. 2. Main products: The main products include, but are not limited to, electronic chemicals for 5G applications (high-performance thermosetting resins and polyimide (PI) pastes), as well as environmentally friendly halogen-free flame retardant products. 3. Investment scale: The total planned investment for the project is no more than 300 million yuan, with a construction period of approximately 18 months; operation is expected to begin in 2023. Introduction to the Silver Jubilee Polymer New Materials Industrial Park Project 1. Project owners: Silver Jubilee Technology and/or its holding subsidiaries, Suzhou Silver Jubilee Technology Co., Ltd. and Silver Jubilee Engineering Plastics (Dongguan) Co., Ltd., which are holding companies established in Songshan Lake, Dongguan. 2. Main products: The main products include biodegradable polymer materials, polymer materials for 5G, and polymer materials for medical use. 3. Investment scale: The total estimated investment for the project is around 600 million yuan, with a construction period of approximately 18 months. It is expected that the project will begin operations in 2024, and full capacity will be achieved by 2025. Introduction to Silver Jubilee Technology: Silver Jubilee Technology primarily produces new polymer-based materials. Its main products include PVC, PVC alloys, rubber materials, thermoplastic elastomer materials, as well as various polymer-modified plastics such as PC, ABS, PP, PA, PET, PBT, PPO, ASA, PMMA, PPS, PLA, and PBAT. These materials fall into categories such as flame-retardant materials, weather-resistant materials, reinforcement and toughening agents, plastic alloys, and environmentally friendly and durable materials. They are widely used in industries such as wires and cables, home appliances, automobiles, communications, healthcare, electronics and electrical equipment, rail transit, and smart lighting. In the field of modified PVC, Silver Happiness Technology has always held a leading position in the industry, with its related products ranking first nationwide in the wire and cable market for many years. In medical applications, the medical-grade PVC materials developed by Silver Jubilee Technology, including those used in respiratory devices, urinary systems, **, infusion systems, hemodialysis equipment, and medical wires and cables, are gaining recognition from an increasing number of downstream customers. After years of operation, Silver Jubilee Technology has accumulated extensive experience in the field of new material manufacturing. The development of these two projects is an important step for Silver Jubilee Technology to achieve its medium- and long-term development goals; it helps the company to seize market opportunities more quickly, accelerate its industrial expansion, and further enhance its competitiveness in the new material sector.