On December 12, Feilong Industry disclosed that the 18th meeting of the eighth session of its board of directors had ratified the 'Proposal Regarding the Additional Extension of Capital-Raising Investment Projects and the Alteration of Implementation Sites for Select Capital-Raising Investment Projects.'

Without modifying the project executor, the intended use of the raised funds, or the investment scope, the company has opted to prolong the completion timelines for two key projects. The first is the Henan Feilong (Wuhu) Auto Parts Co., Ltd. project, which is designed to manufacture 6 million new energy electronic water pumps annually. The second is the Zhengzhou Feilong Auto Parts Co., Ltd. project, aimed at producing 5.6 million units of new energy thermal management component series products each year. The new target dates for these projects to achieve operational readiness have been adjusted from December 31, 2025, to June 30, 2026.

Concurrently, the company has terminated the production line equipment lease agreement between Wuhu Feilong and Chongqing Feilong Jiangli Auto Parts Co., Ltd. The electronic water pump lean assembly line, originally leased, will now be relocated back to Wuhu Feilong. The new implementation site for this assembly line will be No. 236 Guandoumen Road, situated within the Jiujiang Economic Development Zone in Jiujiang District, Wuhu City, Anhui Province.