According to CoinMeta, Xinzhi Group announced that its wholly-owned subsidiary recently signed a "Land Purchase Agreement" with tqt, trading, co, and ltd in Chonburi Province, Thailand. The agreement involves the purchase of a plot of land located in the industrial park of Ban Bang County, Chonburi Province, covering an area of approximately 129,200 square meters. The purchase amount is 250 million Thai baht (about 49.6264 million RMB), and the payment will be made in installments. This plot of land will be used to build a production base for the Thailand fixed-rotor core factory project.