Longcheer Technology has made an announcement stating that its wholly - owned subsidiary, Nanchang Longcheer, is set to invest around 1.5 billion yuan in the development of the Longcheer Nanchang High - Tech Zone AI + Smart Terminal Digital Benchmark Factory Project. This particular project is earmarked for the production and research & development (R&D) of comprehensive mobile smart terminals. These include popular gadgets such as laptops and smart glasses. At present, the project is in its nascent preparation phase, with an anticipated construction timeline of 24 months. The decision to make this investment stems from the company's strategic development requirements and its evaluation of the industry's market prospects. However, it's important to note that the future operational benefits of this project are still shrouded in uncertainty. Another report sheds more light on the project's scale, revealing that the total investment could potentially soar to 5 billion yuan, with a construction area covering approximately 200,000 square meters. The factory building is projected to reach its structural top - out point by June 30, 2026. Once it achieves full - scale production, it is expected to churn out approximately 70 million mobile smart terminal products on an annual basis.