JSFiddle - React, Tailwind, and code Playground
HTML
<select class="item-number">
<option>Please select</option>
<option value="123" label="Description about 123">123</option>
<option value="456" label="Description about 456">456</option>
</select>
<span class="item-name">Description shows up here</span>
JavaScript
$('.item-number').change(function() {
if $('.item-name').html == "123"
then
$('.item-name').html("Test");
});