Shuangxin Environmental Protection (001369.SZ) subsidiary plans to invest 542 million yuan in Jianshe Industry Group's exhaust gas comprehensive utilization project.

Shuangxin Environmental Protection (001369.SZ) issued an announcement that its wholly-owned subsidiary, Shuangxin Chemical Industry Co., Ltd. in Inner Mongolia ERDOS Resources, plans to invest 542 million yuan to implement the Jianshe Industry Group Tail gas comprehensive utilization Phase II project with an annual output of 100,000 tons of electronic-grade DMC and a supporting annual output of 30,000 tons of EMC/DEC. The project construction period is estimated to be 24 months. The first phase DMC project of the company has achieved successful trial operation of high-grade and electronic-grade products, and the production situation is good after being put into operation. The products have been highly recognized by the market and have already achieved bulk supply with some electrolyte manufacturers. In order to further optimize the industrial layout, enhance the scale and market share of the company's DMC, EMC/DEC products, and increase the company's overall economic benefits, the wholly-owned subsidiary Shuangxin Chemical Industry Co., Ltd. plans to implement the Jianshe Industry Group Tail gas comprehensive utilization Phase II project with an annual output of 100,000 tons of electronic-grade DMC and a supporting annual output of 30,000 tons of EMC/DEC. The characteristics of the project's products and production process are in line with the national green development strategy and industrial policies, the current market trend, and also in line with the positioning of the circular economy industry in the Mengxi Industrial Park of Erenhot High-tech Industrial Development Zone of Inner Mongolia ERDOS Resources. This will help the company optimize its industrial structure, realize the optimization of resource allocation, seize market development opportunities, enhance the company's influence and core competitiveness in the field of new energy raw materials supply, and promote the company's high-quality development.