Core Viewpoint - The company has completed the main construction of its 50,000 tons/year iron phosphate project at the Songzi base, but has not yet commenced production due to the current market conditions for iron phosphate [1] Group 1: Project Status - The main construction of the iron phosphate project has been completed [1] - The company is prioritizing the stability of its core fertilizer business over the production of iron phosphate [1] Group 2: Market Considerations - The company will continue to monitor changes in the iron phosphate market to determine the appropriate timing for capacity release [1]