Core Insights - In July 2025, China's salt imports amounted to 1.01 million tons, representing a year-on-year decrease of 18.2%, with an import value of 0.04 billion USD, down 21.4% compared to the previous year [1] - In the same month, China's salt exports reached 100,400 tons, showing a year-on-year increase of 41.9%, with an export value of 0.008 billion USD, up 8.4% year-on-year [1] Import Data - The import quantity of salt in July 2025 was 1.01 million tons, which is a significant decline of 18.2% compared to the same month in the previous year [1] - The import value for the same period was 0.04 billion USD, reflecting a decrease of 21.4% year-on-year [1] Export Data - The export quantity of salt in July 2025 was 100,400 tons, marking a substantial increase of 41.9% year-on-year [1] - The export value during this period was 0.008 billion USD, which is an increase of 8.4% compared to the previous year [1]

Core Viewpoint - In June 2025, China's salt import volume reached 1.2 million tons, marking a year-on-year increase of 12.9%, while the import value was $0.41 million, reflecting a year-on-year decrease of 11.7% [1] - Conversely, the export volume of salt from China in June 2025 was 81,100 tons, which represents a year-on-year decline of 11.2%, and the export value was $0.07 million, down 19.2% year-on-year [1] Import Summary - The import quantity of salt in June 2025 was 1.2 million tons, showing a growth of 12.9% compared to the previous year [1] - The import value for the same period was $0.41 million, which is a decrease of 11.7% year-on-year [1] Export Summary - The export quantity of salt in June 2025 was 81,100 tons, indicating a decline of 11.2% year-on-year [1] - The export value was $0.07 million, reflecting a significant drop of 19.2% compared to the same month in the previous year [1]

Summary of Key Points Core Viewpoint - The company, Shaanxi Beiyuan Chemical Group Co., Ltd., has decided to adjust the implementation schedule of its fundraising investment projects due to objective factors such as macroeconomic conditions and industry cycle fluctuations, while ensuring that the project content, investment total, and scale remain unchanged [1][11][12]. Group 1: Fundraising Overview - The company approved the public offering of up to 361,111,112 new shares, with total fundraising amounting to 343,999.07 million yuan [1][2]. - As of December 31, 2024, the actual use of the raised funds is 102,829.73 million yuan [4][10]. Group 2: Project Delay Details - The completion dates for several projects, including the 120,000 tons/year glycine project and the intelligent factory basic platform construction, have been extended to June 2025 due to various delays [6][10]. - The company plans to further adjust the completion dates for several projects to June 2027, including the 100,000 tons/year CPE and 20,000 tons/year CPVC projects [6][10]. Group 3: Reasons for Delay - The glycine project is delayed due to the immature industrial production setup of the mixed solvent method and the need for further testing and equipment selection [7][10]. - The intelligent factory project is affected by the need for system optimization and compliance with safety standards [8][10]. - The salt production project faces market challenges due to limited demand and economic viability [9][10]. Group 4: Measures to Ensure Completion - The company is actively working on plans to utilize by-products from the glycine project and is optimizing project management to ensure timely completion [7][8]. - Detailed optimization plans and strategies are being developed to ensure the intelligent factory project progresses smoothly [8][10]. - The company is conducting thorough market analysis and technical research to validate the feasibility of the salt production project [9][10]. Group 5: Impact of Project Delay - The delay in fundraising investment projects is based on careful consideration of objective circumstances and does not involve changes to project implementation subjects, fundraising purposes, or investment scales, thus not adversely affecting the company's operations or shareholder interests [10][11].