Securities code: 001217 securities abbreviation: Anhui Huaertai Chemical Co.Ltd(001217) Announcement No.: 2022-006 Anhui Huaertai Chemical Co.Ltd(001217)
Announcement on investment and construction of energy conservation and environmental protection upgrading and transformation project of synthetic ammonia gas production 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 the energy-saving and environmental protection upgrading and transformation project of synthetic ammonia gas production with self raised funds of 1336282900 yuan, improve the energy-saving and environmental protection level of synthetic ammonia plant, and achieve the development goal of high-quality green transformation of the enterprise.
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 energy conservation and environmental protection upgrading and transformation project of synthetic ammonia gas production was considered and adopted by 9 votes in favor, 0 votes against and 0 abstentions.
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 energy-saving and environmental protection upgrading and transformation project of synthetic ammonia gas production with 3 affirmative votes, 0 negative votes and 0 abstention votes.
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
Energy saving and environmental protection upgrading and transformation project of synthetic ammonia gas production.
2. Project implementation subject
Anhui Huaertai Chemical Co.Ltd(001217)
3. Project construction content
Main process units, utilities and auxiliary facilities
4. Project investment estimate and fund source
The estimated total investment of the project is 1336282900 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 is expected to be 22 months.
3、 Purpose of investment
In order to comply with the national "double carbon" industrial policy, the company decided to transform and upgrade the existing gas making equipment and adopt more advanced, environmental friendly and energy-saving production technology, so as to lay a solid foundation for the enterprise to extend, supplement and strengthen the chain and extend to industries and fields such as new materials and new energy, improve the market competitiveness of the enterprise and promote the long-term and healthy development of the enterprise.
4、 Risk tips
Since the release of the national "double carbon" policy, all localities have been very strict in the approval of "two high" projects, and the proposed project may face the policy risk of difficult approval.
5、 Impact on the company
The investment and construction project is an energy-saving transformation and upgrading project. The advanced entrained flow bed process is adopted, which saves significant energy consumption and makes emissions more environmentally friendly; By fully relying on the company's existing public works and auxiliary facilities, it can reduce the production cost and sales cost of products, help to enhance the profitability of the company's products, and is of great significance for the company to extend the industrial chain, optimize and improve the utilization rate of raw materials and improve the overall economic benefits 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
