Basf(US:BASFY) 2 1 Shi Ji Jing Ji Bao Dao·2026-03-27 00:33Group 1 - BASF has inaugurated its new integrated production site in Zhanjiang, Guangdong, marking the largest single investment in its 160-year history, with a total investment of approximately €8.7 billion [1] - The Zhanjiang site covers an area of about 4 square kilometers and is designed to supply most of its products directly to the Chinese market, aligning with BASF's strategy of "local production for local markets" [1] - Dr. Martin Brudermüller, Chairman of BASF's Board of Executive Directors, emphasized the commitment and determination of the BASF team in completing this large-scale and complex project on time and within budget [1] Group 2 - The investment reflects BASF's long-term confidence in the world's largest chemical market and is a key component of its corporate strategy "Winning with Purpose" [1]