Smart Dynamics: Plans to invest 300 million yuan in the construction of a project for optical communication and indium-tin-gallium-bismuth series products.

Zhidongli announced that the company will hold a board meeting on August 3, 2026, to review and approve an external investment proposal. The company has signed an agreement with the Management Committee of the Honghe Comprehensive Bonded Zone in the Mengzi Economic Development Zone, with a total planned investment of about 300 million yuan, to construct projects related to optical communication, computing power thermal control, and the industrialization of electronic specialized materials for ITO in two phases, to be implemented by a newly established secondary holding subsidiary. The first phase will invest 60 million yuan, with production expected to be launched in stages before October 31, 2026; the second phase will invest 240 million yuan, aiming for staged production before June 30, 2027. Upon reaching full production capacity in both phases, the annual output value is expected to be about 1 billion yuan, with annual tax contributions of approximately 20 million yuan. This investment is not expected to affect financial and operational performance in the short term, though certain risks exist.