[Commencement of 11,000 mt Expandable Graphite Project] The total investment for Morning Star Technology Co., Ltd.'s 11,000 mt/year expandable graphite production project is 80.61 million yuan, and it will be constructed in three phases. Phase I involves an investment of 23.73 million yuan to build one production line with an annual capacity of 3,000 mt of expandable graphite, covering a total construction area of 3,900 m². Currently, Phase I has commenced. Phase II involves an investment of 21.33 million yuan to build another production line with an annual capacity of 3,000 mt of expandable graphite, covering a total construction area of 3,000 m². Phase III involves an investment of 35.55 million yuan to build a production line with an annual capacity of 5,000 mt of expandable graphite, covering a total construction area of 3,000 m². This project mainly produces high-purity and high-thermal-conductivity expandable graphite, as well as high-thermal-conductivity natural graphite foil made from high-thermal-conductivity expandable graphite.