According to the announcement from MFSP (600235.SH), the "New No. 8 Machine and New No. 20 Machine Upgrade and Transformation Project" invested and constructed by the company will complete the factory building and installation and debugging of machinery and equipment by the end of 2024, reaching a preliminary completion status; after approximately three months of trial operation and various preparatory work, it will officially start production at the end of March 2025. After the project is put into production, the New No. 8 Machine upgrade project will have an annual production capacity of 15,000 tons of drawing paper (semi-transparent paper), while the New No. 20 Machine upgrade project will have the capacity to produce 21,000 tons of cigarette paper, ordinary forming paper, high-transparency forming paper, and non-heat-sealable tea bag paper products