Core Viewpoint - The company, Taihe Co., Ltd. (301665.SZ), announced an increase in the total investment for its pesticide and functional chemicals project in Egypt from a maximum of $150 million to $271 million, equivalent to approximately 1.929 billion RMB, to enhance long-term competitiveness and economic benefits [1] Group 1: Investment Increase Rationale - The increase in investment is based on a careful decision by the company to enhance the strategic value of the Egypt project [1] - The investment aims to strengthen the extension of the industrial chain and integrated layout by utilizing local resource advantages and enhancing upstream raw material support [1] - The additional funds will improve cost and sustainability advantages through expanded circular and intensive production, enhancing cost competitiveness and risk resistance [1] Group 2: Economic Benefits - The increased investment is intended to further expand the scale of economic benefits, creating richer returns for the company and all shareholders [1] - The funds will also be used to enhance environmental protection, safety facilities, and the information and automation levels of the main project to ensure higher standards for long-term green and low-carbon operations [1]
泰禾股份(301665.SZ)拟将埃及农药及功能化学品项目的总投资额增至不超2.71亿美元