According to the announcement, the company plans to reduce the capital investment amount raised in the “High Frequency High Speed Connection System Renovation and Upgrade Project” from 500 million yuan to 300 million yuan, and that all of the reduced 200 million yuan will be used to build a new “Ruihui Photon Next-Generation High-Precision Optical Communication Passive Connection Module Industrialization Project.” The implementing entity of the new project is Sichuan Ruihui Photonics Technology Co., Ltd., a wholly-owned subsidiary. The implementation site is Mianyang, Sichuan. It is expected to be completed in 2027, with a total investment of 307 million yuan. The difference will be covered by the company's own or self-funded funds. The company plans to use the above 200 million yuan raised capital to increase Ruihui Photon's capital. After the capital increase, its registered capital will increase from 50 million yuan to 250 million yuan, and the company still holds 100% of the shares. This matter does not constitute a related transaction and still needs to be submitted to the company's shareholders' meeting and bondholders' meeting for consideration.

According to the announcement, the company plans to reduce the capital investment amount raised in the “High Frequency High Speed Connection System Renovation and Upgrade Project” from 500 million yuan to 300 million yuan, and that all of the reduced 200 million yuan will be used to build a new “Ruihui Photon Next-Generation High-Precision Optical Communication Passive Connection Module Industrialization Project.” The implementing entity of the new project is Sichuan Ruihui Photonics Technology Co., Ltd., a wholly-owned subsidiary. The implementation site is Mianyang, Sichuan. It is expected to be completed in 2027, with a total investment of 307 million yuan. The difference will be covered by the company's own or self-funded funds. The company plans to use the above 200 million yuan raised capital to increase Ruihui Photon's capital. After the capital increase, its registered capital will increase from 50 million yuan to 250 million yuan, and the company still holds 100% of the shares. This matter does not constitute a related transaction and still needs to be submitted to the company's shareholders' meeting and bondholders' meeting for consideration.