BUCHANG PHARMA(SH:603858) Zhong Guo Xin Wen Wang·2025-12-26 10:53Core Viewpoint - A comprehensive green transformation is underway in Shandong, focusing on circular economy principles across various industries, driving high-quality regional economic development [1][11]. Group 1: Pharmaceutical Industry - The demand for traditional Chinese medicine and natural drugs is rising, leading to challenges in managing by-products like medicinal residues [1]. - Shandong Buchang Pharmaceutical Co., Ltd. invested over 50 million RMB in 2015 to establish a waste disposal and energy utilization center, achieving closed-loop management of medicinal waste [1]. - The company employs various technologies to eliminate odor emissions from the extraction process, ensuring compliance with environmental standards [3]. Group 2: Agricultural Waste Utilization - Shandong Yuncheng Qiquan Biomass Power Generation Co., Ltd. processes 600,000 tons of agricultural and forestry waste annually, generating 350 million kWh of electricity, which reduces coal consumption by 230,000 tons and CO2 emissions by 560,000 tons each year [4]. - The company has established a waste recovery network covering a 100-kilometer radius, creating a market with an annual output value exceeding 100 million RMB, benefiting local farmers [7]. Group 3: Chemical Industry - The Ningyang Chemical Industry Park has implemented a 7,000-meter public pipeline system for efficient transportation of industrial gases and liquids, saving over 100 million RMB in costs annually for participating companies [7]. - The park has developed eight chemical industry chains, with the "synthetic ammonia—nitric acid—nitrobenzene—rubber additives" chain generating over 3.5 billion RMB in output value [10]. Group 4: Renewable Energy and Waste Management - The use of retired wind turbine blades to create artificial reefs demonstrates innovative waste management, providing a cost-effective solution that enhances marine habitats [10]. - The company has developed the first domestic high-efficiency processing equipment for retired blades, enabling the recycling of materials for use in construction [10]. Group 5: Overall Economic Impact - The integration of technology and circular economy principles across various sectors is contributing to Shandong's economic transformation, emphasizing energy conservation, emission reduction, and increased value [11].