On November 28, Sinco-Nano made an announcement stating that, as part of its strategic blueprint, the company aims to expedite its market presence in crucial regions. By capitalizing on its robust foothold in the third-party semiconductor testing and analysis industry, Sinco-Nano seeks to cater to the escalating demands of the testing and analysis market. To this end, the company's board of directors has given the green light to the "Proposal on Investment in Construction Projects by the Wholly-Owned Subsidiary."

As detailed in the proposal, Qingdao Sinco-Nano, a fully-owned subsidiary of Sinco-Nano (or alternatively, a company encompassed within Sinco-Nano's consolidated financial statement scope), is set to channel approximately 500 million yuan into the "Qingdao Testing and Analysis Capacity Enhancement Construction Project." It's worth noting that the ultimate investment figure may be adjusted based on real-world circumstances.