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Can I save newer version premiere pro file in older one like in 2021?
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++++ Make a Copy of your project with a New Name in the same folder as the original ++++
1) Right-Click the COPY of the project and from the 7-Zip menu select “Open Archive”
2) In 7-Zip there is one file same name as the project – Right-Click the file and select EDIT*
3) On the fourth line change the Version = “??” Change the number portion to “1” Save and Close
4) 7-Zip will ask you if you want to update that file in the archive, Select OK
That’s it! When you open the project Premiere Pro will say it is from a Previous Version, and will give it a new name as usual.
This post has a bit more info...
https://community.adobe.com/t5/premiere-pro/open-premiere-project-in-older-version-downgrade-project...