Zhishang Technology has revealed its intention to allocate RMB 110 million from the surplus funds generated through certain fundraising activities towards the development of the "Optical Communication Product Expansion Project at the Zhejiang Production Base." This endeavor encompasses the renovation of production facilities and the acquisition of cutting-edge equipment, with the overarching goal of augmenting the production capabilities of optical communication products. The execution of this project will be entrusted to Zhejiang Chunsheng Electronics, a wholly-owned subsidiary of Zhishang Technology, and is projected to span 24 months. Upon successful completion, the project is anticipated to yield an estimated average annual sales revenue of RMB 440 million, boasting an impressive investment return rate of 44.76% and an internal rate of return of 16.38% post-taxation. Furthermore, the after-tax static payback period is estimated to be 8.17 years, inclusive of the construction phase.