Core Viewpoint - Changyang Technology (688299.SH) plans to terminate the construction of the over-raised funds investment project "Annual Production of 30 Million Square Meters of High-End Optical Deep Processing Film Project" [1] Summary by Relevant Sections - **Investment Project Status** - As of January 21, 2026, the total actual investment (including self-owned funds) in the project amounts to 312.44 million yuan, with 237.56 million yuan being over-raised funds [1] - The project has completed land acquisition and factory construction, with a remaining balance of 0.54 thousand yuan in the over-raised funds bank account [1] - **Future Plans** - The completed land acquisition and factory construction will serve as reserve land and facilities for the company's future new projects [1]

Core Viewpoint - The company has announced the termination of the investment project "Annual Production of 30 million square meters of high-end optical deep-processing film" which was funded by excess raised funds [1] Group 1: Project Termination - The project has seen a total actual investment of 312.44 million yuan, including 237.56 million yuan from excess raised funds, as of January 21, 2026 [1] - The land purchase and factory construction for the project have been completed, and the remaining balance in the bank account for excess raised funds is 0.0054 million yuan [1] - The completed land and factory will serve as reserve space for the company's future projects [1] Group 2: Corporate Governance - The decision to terminate the project has been approved by the company's fourth board of directors in its ninth meeting [1] - The matter is pending approval from the company's shareholders' meeting [1]