Dongjiang Environmental Protection: Terminate two investment projects, and use the remaining funds of 447 million to supplement cash flow.
Dongjiang Environmental Protection announced that the company held a board meeting to review and approve the termination of the "Jieyang Dananhai Petrochemical Industrial Zone Green Recycling Center Phase I Project" and the "Digital Construction Project", and to use the remaining raised funds of 446.6145 million yuan for permanent replenishment of working capital. As of November 30, 2025, the investment progress of the two projects was 35.55% and 13.35% respectively, with remaining funds of 279.2006 million yuan and 167.4139 million yuan respectively. The reasons for termination are low waste production in the industrial park, low capacity utilization, intensified industry competition, and significant performance pressure. This proposal still needs to be submitted for approval at the shareholders' meeting.
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