Berun Chemical(SZ:000683)2022-12-03 09:22Group 1: Company Overview - The main products of the company include soda ash, sodium bicarbonate, urea, and coal [2] - The methanol production facility has resumed operations as of April 2018 [2] Group 2: Financial and Investment Insights - The company has terminated original fundraising projects due to difficulties in financing and has shifted to a new project with a lower investment scale [4][5] - The new project involves a 100,000 tons/year ethylene glycol technical transformation, leveraging local resources [5] Group 3: Market Position and Production Capacity - The company's sodium bicarbonate production capacity is 700,000 tons/year, with a market share of approximately 40% in 2017 [6] - The company is constructing a 400,000 tons/year premium sodium bicarbonate project, expected to be completed by the end of 2018 [6] Group 4: Future Projects and Developments - The company is building a 300,000 tons/year synthetic ammonia and a 520,000 tons/year urea project, expected to start trial operations in August 2018 [7] - The company holds a 34% stake in a mining project with an annual capacity of 8 million tons [7] Group 5: Debt and Financial Management - The company has disclosed the progress of its controlling shareholder's debt default situation as of June 2, 2018 [8] - The company has engaged in discussions with bondholders regarding debt acquisition agreements [8]