Chanhen(SZ:002895) Mei Ri Jing Ji Xin Wen·2025-12-09 08:51Group 1 - The company has operational mines, with the Xiaoba Phosphate Mine undergoing technical upgrades, expected to reach operational status by the end of June 2027, but may complete earlier based on current conditions [2] - The Xinqiao Phosphate Mine is in normal production, contributing to an annual output of over 3.2 million tons from operational mines [2] - The company has ongoing construction projects, including the Jigongling Phosphate Mine with a capacity of 2.5 million tons per year, expected to produce engineering minerals by 2026 and commence operations by the end of 2027 [2] Group 2 - Another project, the Laozhaizi Phosphate Mine with a capacity of 1.8 million tons per year, has started construction, with expectations to produce engineering minerals in the second half of 2026 and begin operations by the end of 2027 [2]