Securities code: Hubei Zhenhua Chemical Co.Ltd(603067) securities abbreviation: Hubei Zhenhua Chemical Co.Ltd(603067) Announcement No.: 2022006 Hubei Zhenhua Chemical Co.Ltd(603067)
Announcement on the completion and operation of sulfuric acid plant of wholly-owned subsidiary
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
The sulfuric acid plant invested and constructed by Chongqing Minfeng Chemical Co., Ltd. (hereinafter referred to as “Chongqing Minfeng”), a wholly-owned subsidiary of Hubei Zhenhua Chemical Co.Ltd(603067) (hereinafter referred to as “the company”), has been completed and officially put into operation recently.
The design capacity of the sulfuric acid plant is 300000 t / A, including 30000 T / a analytical pure sulfuric acid. At present, the operation of the unit is stable and the product quality meets the standard. In addition to meeting the annual self use demand of sulfuric acid in Chongqing Minfeng base, there will be surplus products for external sales.
The steam produced by sulfuric acid plant in the process of producing sulfuric acid can also be used for power generation. At present, the combined production of acid, steam and electricity has been realized, and all the original coal-fired boiler units in Chongqing Minfeng base have been stopped.
The successful operation of sulfuric acid plant will optimize the production cost of Chongqing Minfeng base to a certain extent; It is also an important link for the company to improve the layout of upstream raw materials and implement the integrated business philosophy of the whole industrial chain of chromium chemicals. Even if the above projects achieve full production and efficiency, they may face the risk that the project benefits are not as expected due to the impact of factors such as changes in market demand environment and intensified competition. Please pay attention to and pay attention to the investment risks.
It is hereby announced.
Hubei Zhenhua Chemical Co.Ltd(603067) board of directors March 28, 2022
