Core Viewpoint - The company, Youcai Resources, has signed an investment agreement with the Qushui County People's Government to invest approximately 150 million yuan in the construction of a composite new materials production base project, aiming for an annual production capacity of 30,000 tons of engineering composite materials [1] Group 1 - The investment amount for the project is around 150 million yuan [1] - The project will establish a production line and related facilities for engineering composite materials [1] - The funding for this investment will come from the company's own and self-raised funds [1] Group 2 - The project aims to promote localized production of engineering composite materials in the western region [1] - It will enhance the company's market coverage and service response speed in the engineering new materials sector [1] - The investment will help improve the company's regional industrial layout [1]