Wuhan Youji Forms New Photochemical Subsidiary for 15,000-Tonne Aromatic Aldehyde/Ester Replacement Project
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Wuhan Youji Holdings Ltd. has announced the formation of a new joint stock company, Wuhan Youji Photochemical Technology Co., Ltd., in collaboration with Wuhan Guangyao, Wuhan Shengyu, and individual partners. This subsidiary will focus on developing photochemical oxidation technologies to replace aromatic aldehyde/ester products and will operate a 15,000-tonne-per-year production project in Wuhan. This strategic investment aims to enhance Wuhan Youji's technological capabilities and strengthen its position in the specialty chemicals market. The current analyst rating for Wuhan Youji Holdings Ltd. is a Hold with a price target of HK$5.50.
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