zhenhua chemical(SH:603067) Ge Long Hui·2025-11-24 07:42Core Viewpoint - The company is responding to the environmental upgrade and relocation directives from the Chongqing municipal government by moving its subsidiary's operations to comply with new regulations [1][2] Group 1: Environmental Compliance and Project Approval - The company’s subsidiary, Chongqing Minfeng, has received approval from the Chongqing Ecological Environment Bureau for its "Chromium-Titanium New Materials Green Intelligent Manufacturing Environmental Relocation Project," which includes seven sub-projects [1] - The approved projects include a 200,000 tons/year chromium compound project, a 500,000 tons/year sulfuric acid co-production project, a 5,000 tons/year vitamin K3 co-production project, and several others focused on special new materials and energy utilization [1] Group 2: Relocation and Compensation Details - The relocation site is located in the high-tech zone of Tongnan District, with a total compensation amount of 762.30 million yuan, which includes land use rights, construction costs, and equipment [2] - The compensation for the land acquisition is approximately 517.57 million yuan, while the compensation for machinery and equipment amounts to about 244.73 million yuan [2]