Core Viewpoint - Tianyuan Co., Ltd. announced plans for a capacity expansion project to build a new annual production facility for 100,000 tons of chloride titanium dioxide, with a total investment of 1.483 billion yuan [1] Group 1: Project Details - The project will be implemented by Yibin Tianyuan Haifeng and Tai Co., Ltd., a wholly-owned subsidiary of Tianyuan [1] - The construction period for the project is set at 24 months, with funding sourced from the company's own resources [1] Group 2: Strategic Importance - The chloride titanium dioxide project is a core component of the company's "one body, two wings" strategy focused on high-function new materials [1] - The project aims to enhance the overall production capacity of titanium dioxide and improve market competitiveness [1] Group 3: Integrated Industry Layout - Tianyuan is deepening its integrated circular industrial layout of "chlorine-titanium-phosphorus-iron-lithium" [1] - The project is expected to effectively achieve solid waste resource utilization [1]

Core Viewpoint - Tianyuan Co., Ltd. announced that its wholly-owned subsidiary, Yibin Tianyuan Haifeng and Thai Co., Ltd., plans to construct a new project for an annual production capacity of 100,000 tons of titanium dioxide using the chloride method, with a total investment of 1.483 billion yuan and a construction period of 24 months [1] Group 1 - The project funding will be sourced from self-raised funds, with an investment payback period of 6.26 years (excluding the construction period) [1] - The construction of this project is expected to expand the overall production capacity of titanium dioxide for the company, enhancing its market competitiveness [1] - The project will further increase the proportion of new industries within the company and deepen its integrated circular industrial layout of "chlorine-titanium-phosphorus-iron-lithium" [1] Group 2 - The project is designed to effectively realize the resource utilization of solid waste, aligning with the green development concept and the company's development strategy [1]