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Yingli Motor announced that the company plans to reduce the scale of investment and completion of the “New Energy Vehicle Non-metallic Parts Industrialization Project”, and permanently supplement working capital with the savings raised. The project promised an investment of 42,513,600 yuan. As of November 30, 2025, the total investment was 27.841 million yuan, and the investment progress was 63.71%. The reason for the reduction was due to changes in the industry environment, which reduced investment in new equipment and saved project investment. The total savings raised and estimated final payment of $21.22,900 will be used for daily operations. The matter has been reviewed by the board of directors and audit committee, and still needs to be reviewed by the shareholders' meeting.

智通財經·12/12/2025 08:49:09
語音播報
Yingli Motor announced that the company plans to reduce the scale of investment and completion of the “New Energy Vehicle Non-metallic Parts Industrialization Project”, and permanently supplement working capital with the savings raised. The project promised an investment of 42,513,600 yuan. As of November 30, 2025, the total investment was 27.841 million yuan, and the investment progress was 63.71%. The reason for the reduction was due to changes in the industry environment, which reduced investment in new equipment and saved project investment. The total savings raised and estimated final payment of $21.22,900 will be used for daily operations. The matter has been reviewed by the board of directors and audit committee, and still needs to be reviewed by the shareholders' meeting.