Core Viewpoint - The company, Chengxing Co., Ltd. (600078.SH), is relocating its factories in Jiangyin to optimize its location layout and respond to local government policies, with the Jiangyin factory set to cease operations on January 24, 2026 [1] Group 1 - The relocation is part of the local government's "retreat from the city to the park" policy [1] - The new factory in Jiangyin Lingang Chemical Park will have an annual production capacity of 170,000 tons of phosphoric acid and 60,000 tons of high-end automotive materials [1] - This move is crucial for the company's industrial transformation and upgrading, aiming to accelerate the development of high-purity and fine chemical products [1] Group 2 - The successful operation of the new factory is expected to positively impact the company's revenue and profits [1] - The relocation and new projects align with the company's strategy for product diversification [1]

Core Viewpoint - The company, Chengxing Co., Ltd. (600078.SH), is relocating its factories in Jiangyin to optimize its location layout and respond to local government policies, with the Jiangyin factory set to cease operations on January 24, 2026 [1] Group 1 - The relocation is part of the local government's "retreat from the city to the park" policy [1] - A new factory will be established in the Jiangyin Lingang Chemical Park, with an annual production capacity of 170,000 tons of phosphoric acid and 60,000 tons of high-end automotive materials [1] - This move is crucial for the company's industrial transformation and upgrading, aiming to enhance product diversification and positively impact revenue and profits [1]

Core Viewpoint - Jiangsu Chengxing Phosphate Chemical Co., Ltd. is enhancing its competitiveness in the phosphate chemical industry by optimizing its regional layout and focusing on green and high-purity products through the establishment of a new project in the Jiangyin Lingang Chemical Park [1]. Group 1 - The company’s wholly-owned subsidiary, Jiangsu Chengxing New Materials Technology Co., Ltd., has received an investment project filing certificate from the Wuxi Data Bureau for the Chengxing Jiangyin Lingang project [1]. - The project includes the construction of a comprehensive building, phosphoric acid facilities, yellow phosphorus unloading area, electronic-grade phosphoric acid production and packaging area, waste heat power generation, wastewater treatment facilities, and comprehensive wastewater utilization devices [1]. - The project aims to eliminate 113 old devices and add 98 main devices for phosphoric acid and 156 main devices for electronic-grade phosphoric acid, with an expected annual production capacity of 170,000 tons of phosphoric acid upon completion [1]. Group 2 - The second phase of the project will cover an area of 47,822 square meters and will include the construction of methanol tank areas, liquid unloading stations, and other facilities, with an expected annual production capacity of 60,000 tons of high-end new materials for automotive use [1].