NCIC(SZ:002246) Xin Lang Cai Jing·2026-01-16 10:19Core Viewpoint - The company plans to invest in a new nitrocellulose production line project, which is expected to enhance its competitiveness and generate economic and social benefits [1] Group 1: Project Details - The board meeting to approve the investment in the nitrocellulose production line is scheduled for January 15, 2026 [1] - The project involves an investment of 296 million yuan to establish a production line with a capacity of 10,000 tons per year in Nanchong, Sichuan Province [1] - The construction period for the project is set at 24 months, and the funding will be sourced from the company's own resources [1] Group 2: Regulatory and Market Considerations - The project does not constitute a related party transaction or a major asset restructuring, and therefore does not require shareholder approval [1] - The market outlook for the project's products is positive, although there are risks related to market pricing and safety/environmental concerns [1] - The company has developed corresponding preventive measures to address these risks [1]