Zhejiang Jiemei Electronic Information Materials Co., Ltd., a subsidiary fully owned by Jiemei Technology, has inked an investment agreement with the People's Government of Meixi Town, Anji County. The deal entails an investment of 700 million yuan for the establishment of a 'New Material Project for High-End Electronic Component Packaging, boasting an Annual Production Capacity of 50,000 Tons,' within the Lingang Industrial Park of Meixi Town, Anji County, Zhejiang Province. Anticipated to commence partial operations by December 2028, the project will secure its funding through a combination of self-financing and bank loans. This strategic investment is geared towards expanding the production capacity of high-end packaging materials, elevating technological prowess, and attaining economies of scale. Notably, it does not fall under the category of a related-party transaction or a significant asset restructuring.