FSPG(SZ:000973) 智通财经网·2025-11-17 10:48Core Viewpoint - The company is advancing its polyamide-nylon film project, which has a long investment construction cycle and faces various risks that may affect timely completion and expected investment returns [1] Group 1: Project Development - The polyamide-nylon film project is subject to risks related to resource input, construction environment, and approval processes, which may lead to delays in completion [1] - After the project's construction, it will encounter operational risks from macroeconomic conditions, industry policies, technological iterations, and market competition, potentially impacting expected investment returns [1] Group 2: Joint Ventures - The company and its partners are working on establishing a lithium sulfide project company, in which the company holds a 5% equity stake [1] - The newly formed project company will not be included in the company's consolidated financial statements, and the investment is not expected to significantly impact the company's future financial status and operating results [1]