--- title: "HBYH: Invest approximately 2.233 billion yuan to build a high-value utilization project for phosphorus and fluorine resources" type: "News" locale: "en" url: "https://longbridge.com/en/news/262594286.md" description: "HBYH's wholly-owned subsidiary Chuxing Ecological Technology Company plans to invest approximately 2.233 billion yuan to construct a high-value utilization project for phosphorus and fluorine resources. The project includes facilities for sulfuric acid production and wet-process phosphoric acid, with an expected construction period of 18 months. The funding sources will be raised funds and self-raised funds, aiming to optimize resource allocation, release production capacity potential, and align with the company's development plan. It is expected to have a positive impact on the company's financial condition and operating results" datetime: "2025-10-24T10:30:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/262594286.md) - [en](https://longbridge.com/en/news/262594286.md) - [zh-HK](https://longbridge.com/zh-HK/news/262594286.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/262594286.md) | [繁體中文](https://longbridge.com/zh-HK/news/262594286.md) # HBYH: Invest approximately 2.233 billion yuan to build a high-value utilization project for phosphorus and fluorine resources HBYH announced that its wholly-owned subsidiary, Chuxing Ecological Technology Company, plans to invest in the construction of a high-value utilization project for phosphorus and fluorine resources, with a total investment of approximately 2.233 billion yuan. The project includes sulfuric acid production, wet-process phosphoric acid, refined phosphoric acid, high-end flame retardants, multifunctional compound fertilizer facilities, and supporting projects. The funding sources will be raised funds and self-raised funds, with an expected construction period of 18 months. The project aims to optimize resource allocation, release production capacity potential, and achieve high-value utilization of phosphorus and fluorine resources, aligning with the company's development plan for the phosphorus and fluorine chemical industry, and is expected to have a positive impact on the company's financial condition and operating results ### Related Stocks - [HBYH (000422.CN)](https://longbridge.com/en/quote/000422.CN.md) ## Related News & Research - [Vinachem diversifies fertiliser raw material supply](https://longbridge.com/en/news/278532872.md) - [Tajikistan Approves Hebei Changsha Biochemical Pharmaceutical's Thrombosis Injection](https://longbridge.com/en/news/278372421.md) - [Pizu Group Details Tajikistan Mining Loan Deal and Planned 45% Stake in Kanzi Diyor](https://longbridge.com/en/news/278384508.md) - [Hong Kong wetland records 40 times more petroleum after oil spill: Greenpeace](https://longbridge.com/en/news/278393085.md) - [Donut Lab solid-state battery retains 97.7% charge after 10 days in third test](https://longbridge.com/en/news/278407032.md)