Fulai New Materials announced on November 11 that it plans to change the original fundraising investment project "Electronic-grade Functional Materials Capacity Expansion and Upgrade Project" to "Electronic-grade Functional Materials Production Base Construction Project." The change involves raised funds of 221 million yuan, accounting for 31.86% of the net raised funds. The implementing entity will be adjusted to Zhejiang Ruifute Optoelectronic Materials Co., Ltd., a subsidiary of the company's wholly-owned subsidiary, and the implementation site will be relocated to Phase II of the Yaozhuang Economic Development Zone in Jiashan County. The construction period will be extended from 3 years to 5 years, with production expected to be reached by December 31, 2031. The annual production capacity remains unchanged, and the total project investment is 276 million yuan. This matter is still subject to review by the shareholders' meeting and does not involve related-party transactions or major asset restructuring.