On September 20, Golonghui announced that as of August 31, 2024, the company's "Daily Kitchenware Automatic Production Base Construction Project" has completed the main construction project. The first batch of equipment of the first phase production line has been basically debugged and is now entering the trial production stage. Other production lines will gradually carry out equipment installation and debugging work according to the project running situation and the company's production plan, and will be put into production one after another. The investment budget for this project is 131.6427 million yuan, and a total of 91.9959 million yuan (excluding fees) has been invested, with a construction investment progress of 69.88%. As the project progresses, follow-up working capital will be gradually invested.

After the project is put into production, it will expand the company's production capacity of daily kitchenware, further optimize the industrial layout, enrich the product structure, and promote the company's product competitiveness and market share, thereby enhancing the company's profitability and comprehensive competitiveness, which has a positive impact on the company's long-term development.