In an announcement dated November 9, Ningbo Jingda (603088.SH) completed a cash capital increase of RMB 51 million to invest in Ningbo Hachi Technology Co., Ltd., acquiring a 51% stake. The business registration has been completed and the company is now consolidated into Ningbo Jingda's financial statements. Hafnium is a key metal for nuclear reactor control rods and superalloys, and the listed company's cross-sector entry into the hafnium materials market is noteworthy, particularly its subsequent product commercialization path.