Core Viewpoint - The company, Shuangxin Environmental Protection, has announced the results of its online issuance, with a total of 286,503 winning numbers for investors to subscribe to 500 shares each, reflecting strong interest in its stock offering [1]. Group 1: Company Overview - Shuangxin Environmental Protection specializes in the research, production, and sales of polyvinyl alcohol (PVA), special fibers, vinyl acetate (VAC), and calcium carbide, establishing a circular economy industrial chain centered on PVA [2]. - The company has become one of the three major production bases for polyvinyl alcohol in China, with a projected production of 116,900 tons in 2024, accounting for approximately 13% of the domestic total [2]. Group 2: Financial and Operational Highlights - The company’s production and operations of PVA and related products are currently running at full capacity with low inventory levels, indicating high capacity utilization and sales rates [3]. - The total number of new shares issued is 287 million, with an online issuance of 143 million shares at a price of 6.85 yuan per share, raising a total of 1.966 billion yuan [3]. Group 3: Fund Utilization and Market Strategy - The raised funds will be allocated to projects including the annual production of 16,000 tons of PVB resin and functional films, 60,000 tons of water-based adhesives, energy-saving technology upgrades in the PVA industrial chain, and the establishment of a research and development center [3]. - The company aims to enhance the production capacity of high-value-added products and strengthen its technological capabilities to meet the growing market demand in emerging fields, accelerating the domestic substitution process in high-value sectors [3]. - The trend of domestic substitution for high-end products and the exploration of international markets is seen as an inevitable direction for the future development of domestic PVA enterprises [3].
双欣环保中签结果公布！构建循环经济产业链，打造全球一流绿色化工新材料企业，募投项目加速产业升级
Zheng Quan Shi Bao Wang·2025-12-22 15:06