On September 27th, Anhui Xinke New Materials (600255.SH) announced that in order to expand the company's industry chain, better serve downstream customers, and improve the company's future profitability, the company will use its rich customer resources and combine with partners' technological advantages to sign the "High-Speed Copper Connection Project Investment Cooperation Agreement" with the People's Government of Santai County, NEWATOPSIPHTECHPTELTD, and Santai New Insight (Santai) Electronic Technology Partnership Enterprise (Limited Partnership). They will jointly invest in and build the high-speed copper connection project in Santai County. The total investment amount of the project is approximately 0.5 billion yuan (to be invested in stages based on the actual progress of the project), establishing a new high-speed copper connection R&D center and production base.