According to CoinMeta, *ST Jinghua announced that its wholly-owned subsidiary, Nanjing Technology Equipment Manufacturing Co., Ltd., plans to sign an investment agreement with the Management Committee of Nanjing Jiangning Binjiang Economic Development Zone to invest in the construction of a "Smart Manufacturing High-End Functional Components Industrialization Project," with a total investment of approximately 1.255 billion yuan, of which about 1.221 billion yuan will be spent on construction. The project will be implemented in two phases, with the first phase scheduled to begin by the end of June 2027 and completion expected within three years, with all investments to be finalized by the end of 2035 at the latest. The main products of the project include high-end ball screw pairs and high-end rolling guide rail pairs, with an estimated return on investment of 14.36%. The funds for the project will come 50% from own capital and 50% from self-raised funds. This matter has been approved by the board of directors and still needs to be submitted to the shareholders' meeting for review.