Jiangsu Chengxing Phosph-Chemicals (600078.SH): The Jiangyin factory will officially cease production fully starting from January 24, 2026.

Jiangsu Chengxing Phosph-Chemicals (600078.SH) issued an announcement that, based on relocation plans and actual circumstances, the company has decided to relocate its factories located at 618 Meiyuan Street, 23-25 Xiejing Road, and 27 Xiejing Road in Jiangyin City. The Jiangyin factory will officially cease production from January 24, 2026. This relocation is in response to the local government's policy of relocating industries from urban areas to industrial parks in order to optimize the company's location layout. At the same time, the company will invest in a new factory in the Jiangyin Lingang Chemical Industrial Park for the production of 170,000 tons of phosphoric acid and 60,000 tons of high-end new materials for automobile use per year. This project is a key layout for the company's industrial transformation and upgrade. The smooth operation of the new factory in the future will accelerate the company's layout in high-purity, fine chemicals, and other product directions, leading to positive impacts on the company's revenue and profit.