红太阳：拟在云南曲靖打造以吡啶碱作为核心中间体的全产业链

Core Viewpoint - The company aims to expand its market share and enhance competitiveness by establishing a full industrial chain centered around pyridine alkaloids in Qujing, Yunnan, through a cooperation framework agreement with Qujing High-tech Investment Co., Ltd [1][2]. Group 1 - The agreement stipulates that Qujing Maoyuan New Materials Technology Co., Ltd., a wholly-owned subsidiary of the partner, will construct a 50,000 tons/year new pyridine alkaloid circular economy industrial chain project based on design and production processes provided by the company [2]. - The partner is responsible for the investment and construction of the project, with the company planning to operate the project through entrusted operation or leasing after completion, with a cooperation period not exceeding thirty years [2]. - The company intends to leverage capital market advantages to acquire project assets during the cooperation period, provided the project generates positive returns [2]. Group 2 - The establishment of the full industrial chain is expected to accelerate project completion, increase market share, and enhance the company's competitiveness [2]. - The initiative will utilize the lower production factor costs in the Qujing High-tech Chemical Park, facilitating resource integration and market expansion in Yunnan and Southeast Asia [2].