Shandong Haihua: planning to invest 4.837 billion yuan to implement a soda ash facility upgrade project for quality improvement, efficiency enhancement, energy conservation, and environmental protection.

Shandong Haihua announced that the company plans to invest 4.837 billion yuan to implement the "Soda Ash Plant Quality Improvement and Efficiency Enhancement Energy-saving and Environmental Protection Transformation Project Based on Resource and Energy Comprehensive Utilization", replacing the original 1.2 million tons/year ammonia soda ash plant capacity with a 1 million tons/year combined soda ash plant capacity. After the project is implemented, the average annual operating income is 2.157 billion yuan, the annual net profit after tax is 271 million yuan, the project's financial internal rate of return is 9.01%, and the project's investment payback period is 9.94 years.