Core Viewpoint - Changyang Technology plans to terminate its "annual production of 30 million square meters of high-end optical deep processing film project" due to intense market competition and unsatisfactory investment returns, with the board's approval pending shareholder meeting confirmation [1] Group 1: Project Termination - The decision to terminate the high-end optical film project has been approved by the board and awaits shareholder approval [1] - The company cites fierce market competition and poor investment returns as the primary reasons for this decision [1] Group 2: Financial Performance - Changyang Technology expects a net profit loss of between 116 million yuan and 168 million yuan for 2025, attributed to intensified product market competition and asset impairment losses [2] Group 3: Corporate Actions - A temporary shareholder meeting is scheduled for February 25, 2026, to review the termination of the project and the guarantee proposal, utilizing both in-person and online voting methods [3] - The company has decided to permanently supplement working capital with approximately 22.81 million yuan of surplus funds from its initial public offering investment projects to optimize account management [3]