SDHT(SH:600308) Shang Hai Zheng Quan Bao·2025-05-06 20:33Core Viewpoint - The company has successfully completed the construction and commissioning of a 700,000-ton chemical pulp production line, which is expected to enhance its product scale, cost, and quality advantages, thereby improving competitiveness and supporting high-quality development [1][2]. Group 1 - The company held board meetings on October 29, 2022, and November 15, 2022, to approve the feasibility analysis report for the public issuance of convertible bonds to fund the 700,000-ton chemical pulp project [1]. - The project utilizes advanced technology from Valmet, including a dual-tower steam/liquor phase continuous cooking process and ECF bleaching technology, along with a high-efficiency alkali recovery system [2]. - The project aims to ensure raw material supply and enhance the company's product competitiveness, contributing positively to its high-quality development [2]. Group 2 - The production line has been completed and successfully commissioned, with further optimization of process parameters planned based on equipment performance [1][2]. - The project will take time to reach full production capacity, and potential risks include market demand fluctuations and increased competition, which may affect expected project benefits [2].