Core Viewpoint - The commencement of the 30,000-ton n-olefin project by Daqing Shengxing Petrochemical Co., Ltd. marks a significant breakthrough in the local oil service industry, establishing a "central enterprise chain leader" investment factory in Duerbote Mongolian Autonomous County, Heilongjiang Province [1] Company Summary - Daqing Shengxing Petrochemical Co., Ltd. is undertaking a n-olefin and iso-dodecanol project, with the first phase covering an area of approximately 200 acres [1] - The total investment for the n-olefin project is 515 million yuan, with the first phase expected to be operational by 2026 and the second phase by 2027 at the latest [1] - Upon reaching full production, the project is projected to generate an annual output value of 557 million yuan and contribute 46.27 million yuan in taxes annually [1] Industry Summary - The n-olefin facility is the largest single-unit n-olefin project in China, which is expected to reverse the current import situation of n-olefin products and support the domestic development of the fine chemical industry [1] - The project is anticipated to drive the development of related industrial clusters, including upstream exploration and development, high-end materials, and logistics support, creating a multiplier effect [1] - As of now, there are 42 industrial enterprises above designated size in Duerbote Mongolian Autonomous County, which achieved an industrial output value of 6.32 billion yuan from January to August this year, with a total added value of 1.06 billion yuan and a growth rate of 1.9%, indicating a stable and progressive industrial economy [1]