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On March 26, Shudao Equipment announced that it plans to invest in the construction and operation of an industrial gas facility (Phase I) within the Yangchun Chemical Park in Jiang’an Economic Development Zone, Jiang’an County, Yibin City, Sichuan Province, in order to provide integrated and efficient industrial gas services to the enterprises located in that park. According to the announcement, Shudao Equipment Company intends to sign a Project Investment Agreement for the Industrial Gas Island Project in Jiang’an County with the local people’s government of that county. A project company named Yibin Cryogenic Gas Co., Ltd. will be established in Jiang’an County, with a registered capital of 30 million yuan; Shudao Equipment will hold 100% of the shares in this company (provisional), and will be responsible for the investment, construction, and operation of this project. The total investment in this industrial gas island (Phase 1) project is approximately 100 million yuan, with a land area of about 40 mu. It mainly produces gases such as industrial oxygen, nitrogen, and hydrogen, and supplies these industrial gases to customers within the park through pipelines. The total investment for the Industrial Gas Island project in Jiang’an County is approximately 300 million yuan, of which the investment for Phase 1 is about 100 million yuan and the investment for Phase 2 is about 200 million yuan. Shudao Equipment stated that this project is an important step in enhancing the company’s capability to develop high-quality air separation projects; by creating the company’s first demonstration industrial gas island project, it lays a solid foundation for the company to further expand its activities in this area in the future. By providing industrial gases in an integrated manner to enterprises within a industrial park, the industrial gas island creates a professional, safe, efficient, and environmentally friendly product supply chain; it offers advantages in terms of scale and safety, and its establishment is currently being promoted across the country. The implementation of this project will be the company’s first industrial gas island project, carrying a strong demonstration and leading effect. In the future, it will enable the company to gain extensive operational experience as well as build brand and performance advantages, thereby enhancing its capacity to develop gas investment and operation projects. Once the industrial gas facility for this project is completed, it will serve the development of advanced manufacturing industries such as new energy and new material research and development in the chemical industry park in Jiang’an County, Yibin, thereby contributing to the local economic development.