Core Viewpoint - Changhai Co., Ltd. (300196) has announced that its first production line of 150,000 tons from the initial phase of 600,000 tons will be operational by the end of 2024, with future production line launches to be carefully evaluated based on market supply and demand as well as the company's development level [1] Group 1 - The company will adopt a scientific planning and steady advancement strategy for the decision-making process regarding new production line launches, ensuring that the new capacity aligns closely with market demand and the company's development pace [1] - The company's capacity utilization rate remains at a good level, supported by measures to optimize sales management and strengthen the collection mechanism to enhance sales collection control [1]