新乡化纤：拟变更回购股份用途，投资12.2亿扩产氨纶

Core Viewpoint - The company plans to implement significant changes including share repurchase, capital reduction, and a major investment project aimed at enhancing production capacity and revenue generation [1] Group 1: Share Repurchase and Capital Changes - The company intends to change the purpose of repurchasing 43.43 million shares to cancellation and reduction of registered capital [1] - Due to the share cancellation and changes in business scope, the company plans to amend its Articles of Association [1] Group 2: Investment and Revenue Projections - The company plans to invest 1.22 billion yuan in the first phase of a project to produce 100,000 tons of functional spandex fibers, which is expected to generate an additional annual sales revenue of 1.15 billion yuan and a sales profit of 100 million yuan [1] - The estimated total amount of daily related party transactions for 2026 is projected to be 537 million yuan [1] Group 3: Upcoming Meetings - The company has scheduled its first extraordinary shareholders' meeting for January 15, 2026, where some proposals will require shareholder approval [1]