Core Viewpoint - The company has recently launched its "150,000 tons per year green multifunctional bottle chip project," which is part of its public offering of convertible bonds, indicating a strategic move towards sustainable production practices [1] Group 1 - The project is implemented by the company's wholly-owned subsidiary, Jiangsu Xingye Plastic Chemical Co., Ltd. [1] - The project utilizes advanced production technology and equipment, featuring two sets of the largest single-unit 750,000 tons/year PET polymerization facilities [1] - The new production capabilities are expected to enhance production efficiency, reduce energy consumption, and minimize emissions, aligning with green and environmentally friendly production principles [1]