Core Viewpoint - China Sanjiang Chemical (02198) has entered into an energy management agreement with Haoxing Energy, which will enhance their business relationship and create further synergies for both parties [1] Group 1: Agreement Details - The agreement is set to commence on August 1, 2025, and will last until December 31, 2027, covering a period of approximately two and a half years [1] - Haoxing Energy will retrofit the driving motors for circulating pumps and auxiliary cooling equipment for Sanjiang Chemical's sixth phase of ethylene oxide/ethylene glycol production facility, which has an annual output of 1 million tons [1] - Sanjiang Chemical will pay Haoxing Energy for energy-saving costs based on an agreed profit-sharing basis, with annual caps of RMB 12.5 million, RMB 25 million, and RMB 25 million [1] Group 2: Company Operations - The company primarily engages in the production and supply of ethylene oxide, ethylene glycol, polypropylene, and surfactants, as well as providing processing services [1] - The establishment of the energy management agreement is expected to expand the company's business relationship with Haoxing Energy [1]
中国三江化工附属与浩星节能订立能源管理协议