Core Viewpoint - The company announced a planned shutdown of its subsidiary, Shandong Tianan Chemical Co., Ltd., for approximately two months to facilitate the connection of a new phosgene production facility with existing equipment, which is nearing completion [2][4]. Summary by Sections Shutdown Reasons and Duration - The shutdown is due to the nearing completion of a safety and environmental upgrade project for a 20,000 tons/year phosgene production facility, with an expected duration of about two months [2]. Subsidiary Overview - Shandong Tianan Chemical Co., Ltd. produces specific organic chemicals containing phosphorus, sulfur, and fluorine, and is involved in the storage of hazardous chemicals and various technology and import/export services. The company is 90.71% owned by Huasoft Jinxin Technology (Suzhou) Co., Ltd. [2]. Financial Status - As of December 31, 2023, total assets were 364.88 million, total liabilities were 239.32 million, and net assets were 125.56 million. For the first half of 2024, total assets were 352.83 million, total liabilities were 225.67 million, and net assets were 127.17 million. The revenue for 2023 was 254.37 million, with a net loss of 55.03 million. For the first half of 2024, revenue was 121.23 million, with a net profit of 0.75 million [3]. Impact of Shutdown - The shutdown will reduce the production of related products, but the company has prepared by building up inventory, which is expected to meet supply demands. The impact on sales revenue is anticipated to be minimal, and the project is expected to enhance automation, safety, and product quality in the long term, benefiting the company's overall performance and shareholder interests [4].