Core Viewpoint - The company maintains a high operational load across its main facilities, with an overall capacity utilization rate stable at over 90%, and has established an efficient collaborative industrial pattern for C3 and C4 resources [1] Group 1: C4 Industry Chain - The main products of the C4 industry chain include acetone, maleic anhydride, polybutadiene rubber, nitrile latex, MTBE, tert-butanol, isobutylene, methacrylic acid, and methyl methacrylate, which are the core of the company's current profitability [1] - The company aims to leverage the core competitive advantages of the C4 industry chain and continuously strengthen its market dominance in high value-added products such as acetone and maleic anhydride [1] Group 2: C3 Industry Chain - The C3 industry chain is centered around propylene, with extended layouts in propylene oxide, acrylic acid, and butyl acrylate, creating a differentiated competitive advantage [1] - The company plans to accelerate the technological upgrades of the C3 industry chain and the pace of industrial chain extension, promoting deep coupling and collaborative development between the C3 and C4 industry chains [1]