Does the property spark.yarn.containerLauncherMaxThreads in Spark Yarn configuration affect the total running time?

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In the spark documentation the property spark.yarn.containerLauncherMaxThreads is explained here as

The maximum number of threads to use in the YARN Application Master for launching executor containers.

Does it mean that only a maximum of 25 executors will be running in parallel?

Is it possible to increase the performance by configuring this property?

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