Yibin Tianyuan Group's subsidiary Haifeng Hetai plans to implement the intelligent upgrading project of titanium dioxide production equipment.

Yibin Tianyuan Group (002386.SZ) announced that its wholly-owned subsidiary Yibin Tianyuan Haifeng and Tai Co., Ltd. (referred to as "Haifeng and Tai") is reviewing the issues existing in the first and second phase facilities. The company plans to carry out smart manufacturing overall project design for the titanium dioxide production facilities of the first and second phases, aiming to effectively increase labor productivity and plant capacity, and reduce overall energy consumption through the upgrade of automation, informatization, and intelligence throughout the entire process. Specifically, it is proposed to carry out automation and control automation transformation for the first and second phase titanium dioxide production lines, comprehensive resource utilization, and public engineering facilities of Haifeng and Tai. The main contents include: full-process automation upgrade, production operation management platform (MOM) construction, laboratory information management system (LIMS) construction, research and development management system (PLM) construction, infrastructure and information security reinforcement, etc. The total investment of the project is 1.845 billion yuan. The announcement stated that the chlorination method titanium dioxide project of Haifeng and Tai is a key project for the company's strategic transformation, and in the past two years, it has been an important profit growth point for the company. Since its operation in 2019, the facility has been in operation for six years. In order to further enhance the production operation quality, efficiency, and intelligence level of the facility, Haifeng and Tai intend to carry out intelligent transformation of the existing facilities.