KunTai Shareholder (001260.SZ) announced on September 27 that the company held the twelfth meeting of the second session of the board of directors and the twelfth meeting of the second session of the board of supervisors on September 27, 2024. The resolution on the "Proposal on Postponement of Some Raised Funds Investment Projects" was reviewed and approved. According to the current progress of the raised funds investment projects of the company, without changes in the project implementation entity, raised funds usage, and investment project scale, the scheduled availability date of the investment projects "Yantai Kuntai Autos Interior Parts Co., Ltd. Industrial Park Project" and "Annual production of 6.75 million m2 high-grade needle-punched materials and construction project of 15,000 tons of BCF yarn" is extended from December 31, 2024 to December 31, 2025. This matter is within the approval authority of the board of directors and does not require submission to the company's shareholder meeting for approval.