ECEC(SZ:002140)2022-12-06 02:48Group 1: Shareholder Information - The company discloses the top ten shareholders in regular reports and provides monthly updates on shareholder numbers through interactive platforms [1]. Group 2: Project Updates - The company is involved in the Cornel project, which has faced delays due to shareholder changes and funding issues, but the investment in the ethylene glycol project is over 50% complete [1]. - The total ethylene glycol production capacity constructed by the company has reached 2 million tons per year, with several projects progressing as planned [1]. Group 3: Market Conditions - The domestic market for ethylene glycol is expected to be promising due to a significant gap in supply, despite a recent price drop [2]. - The most economically viable scale for ethylene glycol production is currently between 400,000 to 600,000 tons per year, with some companies planning for even larger capacities [2]. Group 4: International Market Strategy - The company is leveraging the "Belt and Road" initiative to expand its overseas market presence, particularly in Southeast Asia and North Africa [3]. - The company aims to promote coal-based ethylene glycol and natural gas-based projects in Central Asia [3]. Group 5: Project Construction Model - The company provides design consulting and general contracting services, with a focus on the EPC model to control costs, quality, and timelines [3]. - The project construction process is determined by the project owner, and the technology package is typically provided by them [3]. Group 6: Performance Expectations - The company anticipates a year-on-year revenue growth of 0-30% for the first half of the year [3]. - The company has technology and project reserves in fine chemicals, expecting future gains from projects like olefins and DMMN [3].