Luxi Chemical(SZ:000830)2023-09-25 10:17Group 1: Company Operations - The overall production and operation of the company are stable, with most production in the park running normally despite fluctuations in oil prices and market demand for certain chemical products [1] - The company maintains a zero-inventory management approach, achieving a balance between production and sales [1] Group 2: Ongoing Projects - The company is advancing ongoing construction and technical transformation projects through weekly and monthly scheduling meetings, ensuring safety and quality while striving for project progress [2] - The Bisphenol A Phase I project and the Methylamine/DMF project have been completed and are in production, while other projects like Caprolactam and 400,000 tons of silicone are progressing smoothly [2] Group 3: Mergers and Acquisitions - The merger with Lushi Group Co., Ltd. is currently on hold due to a safety incident at a subsidiary, pending investigation results to determine if the merger conditions can be met [2] Group 4: Market Outlook - The market prices of chemical products are influenced by various factors, leading to uncertainty; the company plans to adapt to market changes and manage costs effectively to maximize economic benefits [2] Group 5: Related Transactions and Competition - The company has received a commitment letter from China National Chemical Corporation to regulate related transactions and avoid competition, ensuring the interests of shareholders, especially minority shareholders, are protected [3]