DCHL subsidiary Shanghai Energy and Chemical WuJing base halts production
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Huayi Group's wholly-owned subsidiary Shanghai Huayi Energy Chemical Co., Ltd. announced the official shutdown of the Wu Jing base. This base mainly produces methanol, acetic acid, etc. The shutdown is in response to government industrial adjustments and carbon peak requirements, aligning with the national "dual carbon" strategy, and will aid the company's green transformation. The specific impact of the shutdown on the company's operating data will be subject to the audited financial report
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