Hualu Hengsheng: The integration project of a holding subsidiary has partially started production.

Huaru Hengsheng announced that its holding subsidiary, Huaru Hengsheng Co., Ltd., has successfully completed the commissioning process for some of the equipment in its integrated project for the production of 200,000 tons of BDO, 160,000 tons of NMP, and 30,000 tons of PBAT biodegradable materials. The project has entered the trial production phase and has produced qualified products. The total investment for this project is estimated to be 3.387 billion yuan, and the construction funds will be solved by the subsidiary's own funds and bank loans. The newly commissioned equipment includes BDO and NMP related facilities, which will increase the production capacity by 200,000 tons/year for BDO and 50,000 tons/year for NMP.