JEP(SZ:000875) Sou Hu Cai Jing·2025-05-05 18:45Core Viewpoint - The company is facing scrutiny regarding the accuracy of its project timelines and capacity goals, particularly in relation to its green ammonia production and installed capacity targets by 2025 [1][2]. Group 1: Project Updates - The company’s green hydrogen ammonia integration project is reported to produce its first green ammonia by the end of May 2024, although there are conflicting media reports suggesting a delay until July 25, 2024 [1]. - The company’s spokesperson confirmed that the project is progressing according to schedule, despite the media speculation [1]. Group 2: Capacity Goals - The company previously aimed for an installed capacity of over 20 million kilowatts by 2025, but the latest report indicates an installed capacity of only 14.44 million kilowatts as of 2024, leaving a gap of 5.56 million kilowatts to meet the target [1]. - The company has removed the 2025 capacity target from its latest report, raising concerns about whether it has abandoned this goal [1]. Group 3: Trading Information - On April 30, 2024, the company experienced a net outflow of main funds amounting to 9.38 million yuan, which accounted for 3.64% of the total transaction volume [2]. - Retail investors showed a net inflow of 8.41 million yuan, representing 3.26% of the total transaction volume, while speculative funds saw a net inflow of 0.97 million yuan [2].