On March 12, Beilu Intelligent Control (Stock Code: 301195) made an announcement stating that the company had successfully obtained the usage rights for a parcel of state-owned construction land located in the Binjiang Development Zone, Jiangning District, Nanjing. This acquisition was made at a cost of 22.8 million yuan. The land, identified by the number NO. Jiangning 2026GY07, spans an area of 63,311.62 square meters and is specifically earmarked for industrial purposes. This land will serve as the site for the construction of an industrial base project dedicated to intelligent mine driving, with an estimated total investment of around 600 million yuan. The project is strategically designed to bolster the company's research and development capabilities in the realm of intelligent mine driving and to facilitate the mass production of related products. The necessary funding for this endeavor will be sourced from the company's internal reserves, ensuring that its existing operations remain unaffected. However, it is important to note that the project still necessitates the completion of several relevant procedures and is subject to certain uncertainties that may arise during its implementation.