Chengxing Co., Ltd. announced that according to the relocation plan, the company decided to carry out relocation work at the Jiangyin factory and completely stop production on January 24, 2026. The production of its products will be carried out by the wholly-owned subsidiary Qinzhou Plant. The Qinzhou plant currently has a phosphoric acid production capacity of 300,000 tons, which can cover all customer needs. From 2024 to 2025, the operating rates of the Jiangyin and Qinzhou factories are different. The operating rate of the Qinzhou plant is expected to reach more than 90% in 2026, and there is no significant impact on the company's consolidated revenue and profit. The Jiangyin factory aims to be demolished by the end of 2026, and the new factory will be completed and put into operation by the end of 2027, which is conducive to the company's industrial upgrading and diversified development.

Chengxing Co., Ltd. announced that according to the relocation plan, the company decided to carry out relocation work at the Jiangyin factory and completely stop production on January 24, 2026. The production of its products will be carried out by the wholly-owned subsidiary Qinzhou Plant. The Qinzhou plant currently has a phosphoric acid production capacity of 300,000 tons, which can cover all customer needs. From 2024 to 2025, the operating rates of the Jiangyin and Qinzhou factories are different. The operating rate of the Qinzhou plant is expected to reach more than 90% in 2026, and there is no significant impact on the company's consolidated revenue and profit. The Jiangyin factory aims to be demolished by the end of 2026, and the new factory will be completed and put into operation by the end of 2027, which is conducive to the company's industrial upgrading and diversified development.