天洋新材：拟变更部分募集资金用途并提前终止两光伏项目

Core Viewpoint - Tianyang New Materials announced that it raised a net amount of 967 million yuan through a private placement of shares in 2022 [1] Group 1: Project Updates - The company terminated further investments in the "Kunshan Tianyang Photovoltaic Film Project" as of February 2025, with remaining funds permanently allocated to supplement working capital [1] - The "Nantong Tianyang Solar Packaging Film Project" and "Hai'an Tianyang Photovoltaic Film Project" have been postponed until June 2026 [1] - As of November 30, 2025, the two projects have incurred investments of 249 million yuan and 94 million yuan, respectively, with remaining balances of 71.62 million yuan and 212 million yuan [1] Group 2: Strategic Decisions - Due to the current state of the photovoltaic industry, the company plans to terminate the two projects early, with remaining funds, aside from final payments, to be invested in new projects [1] - This decision has been approved by the board of directors and is pending approval from the shareholders' meeting [1]