Securities code: 001217 securities abbreviation: Anhui Huaertai Chemical Co.Ltd(001217) Announcement No.: 2022-007 Anhui Huaertai Chemical Co.Ltd(001217)
Announcement on the investment and construction of the project with an annual output of 50000 tons of cyclohexylamine and dicyclohexylamine. The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Overview of foreign investment
1. Anhui Huaertai Chemical Co.Ltd(001217) (hereinafter referred to as "the company") will build a project with an annual output of 50000 tons of cyclohexylamine and dicyclohexylamine with self raised funds of 183132000 yuan, extend the chain of the company's basic chemical products, optimize the product structure and accelerate the pace of enterprise development.
2. At the 5th meeting of the 5th board of directors of the company on February 8, 2022, the proposal on investment and construction of the project with an annual output of 50000 tons of cyclohexylamine and dicyclohexylamine was considered and adopted by 9 votes for, 0 against and 0 abstention.
3. At the 4th meeting of the 5th board of supervisors on February 8, 2022, the company deliberated and adopted the proposal on investment and construction of the project with an annual output of 50000 tons of cyclohexylamine and dicyclohexylamine by 3 votes in favor, 0 against and 0 abstention.
4. According to the Listing Rules of Shenzhen Stock Exchange and the articles of association, the above foreign investment matters shall be submitted to the first extraordinary general meeting of shareholders of the company in 2022 for deliberation.
5. This foreign investment does not constitute a connected transaction, nor does it constitute a major asset reorganization as stipulated in the administrative measures for major asset reorganization of listed companies.
2、 Basic information of this investment and construction project
1. Project name
The project has an annual output of 50000 tons of diamine and cyclohexane.
2. Project implementation subject
Anhui Huaertai Chemical Co.Ltd(001217)
3. Project construction content
New main works, auxiliary works, public works, storage and transportation works, environmental protection works, etc
4. Project investment estimate and fund source
The estimated total investment of the project is 183132000 yuan, all of which are solved by means of self raised funds of the company.
5. Project implementation progress and construction cycle
The project is in the planning stage, and the construction period of the project is expected to be 12 months.
3、 Purpose of investment
Sodium cyclamate (sodium cyclamate), a food sweetener, is the largest producer in the world, with an annual consumption of about 80000 tons of cyclamate. China's tire output has become the largest tire country in the world. The demand for rubber accelerator n: cyclohexyl-2-benzothiazole subsulfonamide (CBS) has increased, and China's cyclohexylamine has developed rapidly.
The co production of cyclohexylamine and dicyclohexylamine involved in the project can maximize the optimization and save energy when rectifying the finished products, and classify and recover the intermediate products that are not completely reacted in the reaction process, so as to reduce the material consumption of the unit. Dicyclohexylamine is a widely used fine chemical intermediate, which is mainly used in the fields of synthetic rubber accelerator, metal corrosion inhibitor, surfactant, oilfield chemicals, medicine and pesticides. Most of the fine chemicals synthesized by dicyclohexylamine are new products with development prospects.
With the implementation of the project, it will further improve the market share of the company's brand, enhance the market competitiveness and anti risk ability, help the company grasp the industry development trend and market opportunities, realize the large-scale and lean production of the company, and enhance the core competitiveness and sustainable profitability of the company.
4、 Risk tips
The production process of the project involves flammable, explosive, toxic and corrosive substances such as hydrogen, ammonia, cyclohexylamine and dicyclohexylamine. During the production process, chemicals will leak a large number of chemicals due to improper operation; During storage, the leakage causes include rollover or damage of packaging barrel due to accident, leakage of storage tank in tank farm, etc. In case of leakage or fire, it may have an adverse impact on the surrounding environment.
5、 Impact on the company
The cleaner production of the project is at the advanced level in China, and the production technology has a significant effect on energy conservation and consumption reduction. The emission of "three wastes" is less, which has obvious environmental benefits to the company; Mature and reliable production technology and advanced process level can greatly improve the automation of production and operation of the company; After the project is put into operation, it can enrich the enterprise product line, expand the strength of the company, improve the scientific and technological content of the company, enhance the market competitiveness of the company, and promote the long-term and healthy development of the company.
If the expected benefits can be achieved after the completion of the project, the profitability and sustainable development ability of the company will be further improved, which is in line with the interests of all shareholders of the company. As the project has not been officially put into operation, it will not have a significant impact on the company's financial situation and operating results in 2022.
6、 Documents for future reference
1. Resolution of the 5th meeting of the Anhui Huaertai Chemical Co.Ltd(001217) 5th board of directors;
2. Resolution of the Anhui Huaertai Chemical Co.Ltd(001217) 4th meeting of the 5th board of supervisors.
It is hereby announced.
Anhui Huaertai Chemical Co.Ltd(001217) board of directors February 10, 2022
