Core Viewpoint - The company, Yongli Co., Ltd. (300230), has confirmed that it is not launching new projects in Taicang, focusing instead on its new project for the industrialization of intelligent transmission systems located in Kunshan [1] Group 1 - The new project involves the research and production of intelligent single machines, synchronous belts, electric rollers, and other transmission equipment, as well as core components and system integration [1] - The company has provided further details in its previous temporary announcements [1]

Group 1 - The company has confirmed that it is not launching new projects in Taicang [1] - The current project being developed is an intelligent transmission system industrialization base located in Qiantang Town, Kunshan City [1] - The main focus of the new project includes research and development, production of intelligent single machines, synchronous belts, electric rollers, and other transmission equipment, core components, and system integration [1]