On April 17, Shijia Photonics made an announcement detailing its ambitious plan to invest around 1.265 billion yuan in the establishment of a high-speed optical chip and device development and industrialization project. The funding for this project will primarily come from the company's internal resources and self-raised capital. This significant endeavor is set to take place in Hebi City, Henan Province, and is projected to span a construction period of two years. The project's scope encompasses the acquisition of land and construction of factory buildings, the establishment of production lines, and the procurement of necessary equipment. Through this strategic investment, Shijia Photonics aims to refine its capacity layout, elevate its core process platforms, bolster its competitive edge in the optical communications sector, and ultimately enhance its overall profitability and long-term sustainability.