新洋丰：拟投资11.5亿元建设100万吨/年新型作物专用肥项目

Core Viewpoint - The company plans to invest in a new specialized fertilizer project in collaboration with the government of Huai Shang District, with a total investment of 1.15 billion RMB [1] Group 1: Project Details - The project involves the construction of a 1 million tons/year specialized crop fertilizer facility, which includes 400,000 tons/year of high tower compound fertilizer, 400,000 tons/year of urea-based compound fertilizer, 150,000 tons/year of soil testing formula BB fertilizer, and 50,000 tons/year of high-end water-soluble fertilizer [1] - The total investment for the project is 1.15 billion RMB, with fixed asset investment estimated at 980 million RMB [1] - The construction period is approximately 12 months, with an expected start date before December 31, 2025, and completion by December 31, 2026 [1] Group 2: Land and Approvals - The project will occupy an area of approximately 322 acres, with about 266 acres designated for chemical use [1] - The implementation of the project is subject to various pre-approval procedures, including government project approval, environmental impact assessment, and construction permits, which introduces uncertainty [1]