Core Viewpoint - The company has approved an investment project for its wholly-owned subsidiary, aiming to expand the production capacity of extraction agents, which will enhance its industry position [1] Investment Project Details - The project is located in the Jiaoyang Industrial Park, Shanghang County, Longyan City [1] - The total investment for the project is capped at 300 million yuan, which includes land acquisition and factory construction [1] - The project will cover an area of 95 acres and will be constructed in phases, with funding sourced from the company's own resources [1] Production Capacity and Industry Position - The expansion focuses on the production of copper extraction agents and other related reagents [1] - Upon completion, the project is expected to significantly increase production capacity, thereby solidifying the company's position in the industry [1] Risks and Mitigation - The project faces potential risks including land acquisition challenges, implementation issues, policy adjustments, construction delays, and suboptimal outcomes [1] - The company plans to actively address these risks and will provide timely updates to inform investors [1]