Core Viewpoint - The company has successfully entered the trial production phase of its Hunan Hongrun Chemical Technology Co., Ltd. project, which is expected to enhance its profitability and competitive edge in the light initiator market [1] Group 1: Project Details - The project involves the construction of an 8,000 tons/year light initiator H4 ketone project, which has passed expert review and is now in trial production [1] - The first phase of the project will produce 5,446.4 tons of cyclohexanecarboxylic acid, an intermediate for H4 ketone production [1] Group 2: Strategic Importance - The project aligns with the company's strategy to achieve a full industry chain integration from toluene to finished products, enhancing its market positioning in light initiators [1] - The successful implementation of this project is expected to further improve the company's profitability and overall competitiveness in the industry [1]