Zhejiang Oceanking Development (603213.SH): The 300,000-ton-per-year vinyl new materials plant has temporarily suspended production.
Zhejiang Oceanking Development (603213.SH) announced that, in the face of significant adverse changes in the external operating environment and after comprehensively considering objective factors such as the production cost and market conditions of PVC products, the company plans to implement a temporary production suspension at its 300,000-ton-per-year vinyl new materials plant (the "PVC plant") in order to reduce operating losses and further improve facility performance, and to carry out maintenance on the main equipment of the PVC plant. The production suspension will begin on September 19, 2026, and is expected to last no more than 4 months. The subsequent resumption of production will be disclosed in a timely manner.
Zhejiang Oceanking Development (603213.SH) announced that, in the face of significant adverse changes in the external operating environment and after comprehensively considering objective factors such as PVC product production costs and market conditions, the company plans to implement a temporary production suspension of its 300,000-ton-per-year vinyl new materials plant (referred to as the "PVC plant") and conduct maintenance on the main equipment of the PVC plant, in order to reduce operating losses and further improve plant performance. The production suspension will begin on September 19, 2026, and is expected to last no more than 4 months. The subsequent resumption of production will be disclosed in a timely manner.
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