Jinhaitong announced that it plans to invest no more than 400 million yuan in the "Shanghai Lanbo Semiconductor Equipment Manufacturing Center Project" in Qingpu District, Shanghai, implemented by its subsidiary Shanghai Lanbo. The project plans to purchase land and build a factory, aiming to expand its high-end testing and sorting machine production capacity, enhance its comprehensive service capabilities in the Yangtze River Delta region, and address the bottleneck of leased factory space.