Core Viewpoint - The announcement highlights the potential risks associated with the construction and operation of the polyamide-nylon film project by the company, emphasizing the long investment cycle and various external factors that could impact project completion and expected returns [1] Group 1: Project Construction Risks - The polyamide-nylon film project has a long investment construction cycle, which may be affected by resource input, construction environment, and approval processes [1] - There is a risk that the project may not be completed on time due to the aforementioned factors [1] Group 2: Operational Risks - Once the polyamide-nylon film project is underway, it will face operational risks from macroeconomic conditions, industry policies, technological advancements, and market competition [1] - These operational risks could lead to the inability to achieve the expected investment returns from the project [1]

Core Viewpoint - The announcement highlights the potential risks associated with the construction and operation of the polyamide-nylon film project by the company, emphasizing the long investment cycle and various external factors that could impact project completion and expected returns [1] Group 1: Project Construction Risks - The polyamide-nylon film project has a long investment construction cycle, which may be affected by resource input, construction environment, and approval processes [1] - There is a risk that the project may not be completed on time due to the aforementioned factors [1] Group 2: Operational Risks - Once the polyamide-nylon film project is underway, it will face operational risks related to macroeconomic conditions, industry policies, technological advancements, and market competition [1] - These operational risks could lead to the inability to achieve the expected investment returns from the project [1]

Core Viewpoint - The company is advancing its polyamide-nylon film project, which has a long investment and 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 investment in the polyamide-nylon film project, the company will face operational risks from macroeconomic conditions, industry policies, technological iterations, and market competition [1] - The company and its partners are working on establishing a lithium sulfide project company, in which the company holds a 5% equity stake [1] Group 2: Financial Impact - The newly established 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]

Core 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]