Hengyi Petrochemical: With the recovery of industry prosperity, the company's profitability is expected to improve.

Hengyit Petrochemicals stated at the performance briefing on May 14 that with the recovery of the prosperity of the petrochemical industry and the rebound of downstream demand, the company's profitability is expected to improve. In addition, the company continues to promote the construction of major strategic projects such as the integrated project of annual production of 1.2 million tons of caprolactam-polyamide in Qinzhou, Guangxi, and the second phase of the Brunei Refinery and Chemical Project. The first phase of the Qinzhou project is expected to be completed and put into operation in 2025, and it has now entered the production operation preparation stage. The Qinzhou project is a large caprolactam-nylon integrated production base that the company has focused on in recent years. After the project is put into operation, it is expected to further enhance the company's performance.