HBYH(000422) Quan Jing Wang·2025-05-15 07:48Core Viewpoint - The company is planning to relocate its production capacities to comply with environmental regulations and enhance its operational efficiency through modernization and technological upgrades [1][2] Group 1: Production Capacity Relocation - The company intends to transfer a total of 66,000 tons/year of diammonium phosphate capacity, 10,000 tons/year of insurance powder capacity, and 10,000 tons/year of caustic soda capacity, among others, to the Yaojiagang Chemical Park [1] - This relocation is part of the "Yangtze River Protection" policy and aims to fulfill the requirements set forth in the notification regarding the relocation and transformation of chemical enterprises along the river [1] - The company plans to gradually reduce production loads and cease operations at the old facilities by June 2025, using this opportunity to replace capacities and accelerate the construction of a modern chemical industry cluster [1] Group 2: Strategic Upgrades and Sustainability - The company is leveraging the relocation as an opportunity to implement a comprehensive industrial upgrade and technological iteration strategy, focusing on new and old energy conversion and optimization of industrial structure [2] - By consolidating its operations, the company aims to enhance its economies of scale and improve its technological advantages through automation and process upgrades [2] - The company is committed to developing a circular economy model that emphasizes resource recycling and the coupling of chemical elements, which will lower energy consumption and improve profitability and core competitiveness [2]