Core Viewpoint - AVIC Shenyang Aircraft Corporation announced a delay in the expected operational dates for certain fundraising investment projects, including composite and titanium alloy production lines, as well as an optimization of the aircraft maintenance service capacity enhancement project [1] Group 1: Project Delays - The expected operational date for the composite production line and titanium alloy production line projects has been postponed from January 2026 to December 2026 [1] - The aircraft maintenance service capacity enhancement project's expected operational date has been extended from November 2025 to December 2027 [1] Group 2: Project Optimization - The company will optimize the construction content of the aircraft maintenance service capacity enhancement project [1]

Core Viewpoint - The company announced delays in the construction timelines for three key projects, which include composite material production line, titanium alloy production line, and aircraft maintenance service enhancement project, due to various operational challenges [1] Group 1: Project Delays - The composite material production line project, with a planned investment of 48,600 million yuan, has its expected operational date postponed from January 2026 to December 2026 due to delays in site delivery and equipment procurement [1] - The titanium alloy production line project, also with a planned investment of 35,500 million yuan, shares the same delay in operational readiness, now expected to be completed by December 2026 [1] - The aircraft maintenance service enhancement project, with a planned investment of 43,713.32 million yuan, has been delayed to December 2027, with adjustments made to its construction content due to the need for upgrading core equipment in response to rapid technological advancements [1] Group 2: Financial Implications - The adjustments in project timelines do not involve changes to the implementation entities, methods, investment amounts, or fundraising allocations, ensuring that the overall financial strategy remains intact [1] - The company asserts that these delays will not adversely affect its operations and are aligned with the long-term interests of all shareholders [1]