Dongfang Electronics plans to invest 2.47 billion yuan of its own funds to build a smart energy innovation industrial park. The project will be rolled out in three phases, with an expected payback period of 6.2 to 6.6 years, but the proposal was opposed by director Hu Hanyang. Hu believes the investment pace is imprudent and carries high financial risk. He noted that the company’s industrial park under construction has yet to be completed and put into operation, and adding a major new asset investment will increase capital expenditure pressure and crowd out R&D and market spending. He also pointed out that the proposal did not fully disclose core risks such as industry cycles, capacity utilization, and asset idling, and that the feasibility study is thin and lacks an independent third-party assessment. In addition, Hu questioned compliance risks in the decision-making process, because the investment amount exceeds 30 percent of Dongfang Electronics Group’s latest audited net assets, reaching the approval authority of the group’s shareholders’ meeting, yet the project has only completed preliminary party-building research and discussion and has not gone through the shareholders’ meeting review process. Dongfang Electronics responded that the existing park has been in use for over 25 years, with operating revenue growing from 727 million yuan to 8.347 billion yuan and staff expanding from 2,396 to 8,999. The space is saturated and cannot be renovated, and failing to build a new park would mean missing the industry’s development window. The company has prepared a feasibility study report and a risk assessment report and organized expert论证.