STANLEY: Recently, the operating rate of iron phosphate in the industry has increased due to good downstream demand, but the gross profit is relatively low

Recently, STANLEY stated in an institutional conference call that the operating rate of phosphoric acid iron in the industry has increased due to better downstream demand, but the gross profit is low. Only companies with high yield rates and strong cost control capabilities have made slight profits, while most companies focus on "earning depreciation and maintaining cash flow." The company's phosphoric acid iron facilities have not been put into operation mainly due to the current low gross profit of the phosphoric acid iron business and long downstream payment terms, as well as the good profits from refined phosphoric acid in the earlier period that can offset related earnings