Huilv Ecology has announced that its subsidiary, Wuhan Junheng, has entered into an investment agreement with the Ezhou Airport Economic Zone Administration Committee to establish an optical module production base with a total investment of RMB 700 million. The project spans two phases: Phase One entails an investment of RMB 200 million for the construction of a production facility capable of producing 1.5 million units, while Phase Two involves an investment of RMB 500 million for a facility with a capacity of 3 million units. Notably, the fixed asset investments for these phases are set at no less than RMB 100 million and RMB 300 million, respectively. The overarching goal is to forge a robust optical module production hub.