Subsidiary of Qingdao Huicheng Environmental Technology Group(300779.SZ) successfully completes trial production of a demonstration project for comprehensive utilization of 200,000 tons of mixed waste plastics annually.

Qingdao Huicheng Environmental Technology Group (300779.SZ) announced that its subsidiary, Dongyue Chemical, has successfully completed the construction of a 200,000 tons per year mixed waste plastic resource recycling project, including the installation and debugging of machinery and equipment, as well as trial operation of the production line. The project recently conducted a successful trial production, with the unit running smoothly. The trial production of the 200,000 tons per year mixed waste plastic resource recycling project by Dongyue Chemical was successful, leading to the production of high value-added chemical materials. This project has realized a green chemical industry chain of "waste plastic recycled chemical materials recycled high-end materials", and has the potential for replication and promotion. The implementation of the project meets market demands, further optimizing the company's business structure, fostering new profit growth points, and enhancing the company's core competitiveness, sustainable development capacity, and overall profitability. This will facilitate the improvement of the company's business layout and long-term strategic development planning.