Core Viewpoint - Zhejiang Youfu High-tech Fiber Co., Ltd. announced a change in its investment project, reducing the planned production capacity of its high-performance polyester industrial yarn project from 20,000 tons to 15,000 tons due to market conditions and operational constraints [1]. Group 1: Project Change Details - The company held its sixth board meeting on August 27, 2025, where it approved the change in the project titled "Annual Production of 15,000 Tons of High-Performance Low-Shrink Polyester Industrial Yarn Green Intelligent Production Technology Transformation Project" [1]. - The original project, approved on May 29, 2023, aimed for an annual production capacity of 20,000 tons but was adjusted due to market environment changes, space limitations, and electrical matching issues [1]. - The total investment for the revised project is approximately 70 million yuan, with the final investment amount to be determined after project completion and acceptance [1]. Group 2: Company Impact - The company stated that the project change is a prudent decision based on actual circumstances and market environment changes, and it will not have a significant impact on the company's production and operations [1].