Anhui Xinke New Materials (600255.SH): Tuoxin Zhilian and Suntai Gongtou signed the "High-speed Copper Connection Project Investment Cooperation Agreement"

Anhui Xinke New Materials (600255.SH) announced that the company has signed an Investment Cooperation Agreement for the High-speed Copper Connection Project with SanTai Investment Construction Development Group Co., Ltd. (referred to as "SanTai Investment"), a company in which it holds shares. According to the agreement, Xinke ZhiLian (SanTai) Technology Co., Ltd. (referred to as "Xinke ZhiLian" or "Project Company") will lease a 3,000 square meter factory space from SanTai Investment or its designated enterprise (at a rent of 5 yuan/square meter/month) and equipment worth 30 million yuan (on a financial lease model with an annual rent of 300,000 yuan and a buyback after 10 years). The total investment in the High-speed Copper Connection Project is about 500 million yuan (to be invested in stages depending on the progress of the project), with the main focus on establishing a new High-speed Copper Connection Research and Development Center and Production Base. The project plans to initially lease a standard factory space of approximately 3,000 square meters at the Innovation Technology Incubation Park, complete product sampling testing within 6 months of occupying the space, and achieve small-scale sales within 12 months (reaching sales revenue of 20 million yuan).