Recently, MeetFuture Technology's new factory located in Plot B04-03 of the Lingang Heavy Equipment Industry Zone in Shanghai has commenced construction. The new factory building covers an area of nearly 8,000 square meters and is expected to be completed in August 2022, with production operations commencing by the end of 2022. The completion of MeetFuture's new factory will guarantee the expansion of its semiconductor AMHS equipment production capacity, with an expected annual output value of nearly RMB 1 billion in the future.