On the evening of October 8, 2026, BLT (688333.SH) announced that it plans to sign an investment letter of intent with the Administrative Committee of Taicang High-tech Industrial Development Zone in Jiangsu Province to register and establish a wholly-owned subsidiary locally and invest in the construction of a high-end metal additive manufacturing industrial base project, with a total investment of approximately RMB 1 billion (inclusive). The project plans to acquire approximately 100 mu of land, with a total construction area of approximately 104,000 square meters, to build metal additive manufacturing equipment manufacturing workshops, high-precision metal additive product printing workshops, post-processing workshops, and supporting office buildings. The construction period is approximately 24 months. The source of funds is own funds and bank loans, and no raised funds are involved. The project targets the production needs of complex parts in the high-end precision manufacturing field and is positioned as a large-scale metal additive manufacturing digital workshop and equipment automated assembly factory. The announcement pointed out that the Yangtze River Delta region has a concentration of high-end manufacturing industries, the market demand for high-precision metal additive products continues to rise, and there is a gap in specialized, large-scale metal additive production capacity in the region; providing equipment and customized printing services to regional customers locally in Taicang will increase the company's market share in the civil sector. This investment has been approved by the board of directors and does not need to be submitted to the shareholders' meeting for review. Value to powder buyers: (1) After the Taicang base is completed, it will create new printing capacity for the Yangtze River Delta civil market, driving continuous consumption demand for titanium alloy, superalloy, and aluminum alloy powders; (2) During the 24-month construction period, equipment procurement and production line commissioning will release certification and supply opportunities for domestic metal powder grades; (3) Pay attention to BLT's powder supporting pace for civil sector customers (aerospace, new energy).