Boqian New Materials' wholly-owned subsidiary, Ningbo Guangqian Electronic Materials Co., Ltd., has initiated environmental impact assessments (EIA) for three major projects: a high-end metal powder production line for electronic applications, an expansion project for ultra-fine nickel powder for high-capacity, small-sized MLCCs (600 tons/year, investment of approximately CNY 127 million), and a high-performance ultra-fine copper powder project (800 tons/year, investment of approximately CNY 92.54 million). Boqian New Materials' mass production of 80nm nickel powder has reached a globally leading level, directly serving downstream demands including AI server MLCCs (multi-layer ceramic capacitors), silver paste substitution for photovoltaics, and AI thermal management. The expansion of copper powder production will directly impact the supply chain of copper alloy powders used in additively manufactured thermal management components.