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in a highly competitive market, how companies accurately capture the pulse of the market and quickly respond to technological changes is a key factor in determining whether they can stand out in the fierce competition. as an important participant in the field of testing technology, beijing boco testing systems co., ltd. (hereinafter referred to as "boco testing" or "the company") has kept pace with the development of the industry in recent years and plans to raise funds through ipo to invest in projects in order to seize market development opportunities.

according to the prospectus of brocade testing, the investment projects of the raised funds are all carried out around the main business of brocade testing. after the investment projects of the raised funds are successfully put into production, the company's business scale and production and r&d capabilities will be further enhanced, the operating capital will be fully supplemented, the capital structure will be more reasonable, and testing and trial services will be initially carried out to promote the company to expand into new business areas and achieve the strategic goal of building a world-leading intelligent testing comprehensive solution provider.

specifically, the implementation of the high-end testing equipment production project will help boco testing seize market opportunities, make full use of years of product advantages and production experience, expand the company's business scale, improve the company's overall production capacity, and further exert economies of scale.

this project will enhance the technical level and cutting-edge technology reserves based on existing technologies and future r&d breakthroughs. the implementation of the project will further enhance the company's technical r&d level and competitiveness in the fields of vibration testing equipment and automotive testing equipment, enabling the company to have stronger core competitiveness in terms of enhancing r&d capabilities, improving production technology levels, improving product performance, stabilizing product quality, and reducing product costs.