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Adhering to the 12-character guideline of “consolidating the foundation, promoting upgrades, strengthening coordination, and improving quality and efficiency”, the chemical industry segment of Jineng Holding Equipment Manufacturing Group Co., Ltd. delves into pathways for coordinated development between coal and chemical industries. With strategic planning and innovation-driven growth at its core, it strives to achieve simultaneous improvements in both the quality and efficiency of the industry. As of the end of October this year, the operating revenue of the chemicals sector for the whole year increased by 1.27% on a year-on-year basis ； Profits increased by 14.18% on a year-on-year basis, delivering an impressive result that reflects high-quality development. Pursuing development through transformation and upgrading, and striving to achieve excellence by working together. As a pioneer in the transformation and upgrading of the chemical industry within the equipment manufacturing group, Haoyuan Company has, with its steadily improving financial performance, been ranked among the “Top 500 Private Manufacturing Enterprises in China” for four consecutive years. In 2025, the company achieved further success: by the end of August, it ranked 446th on the list of the \"Top 500 Private Manufacturing Enterprises in China\", with revenue of 17.939 billion yuan, representing a rise of 29 places compared to the previous year ； In late September, it once again made it onto the list of the “Top 500 Chinese Manufacturing Enterprises.” Behind this series of honors lies its strategic approach, which focuses on efficiency as a core principle and transformation as the path to progress. As profits declined, transformation became an inevitable choice for the company to break through its profit bottleneck. In response to the government’s call to \"move out of cities and into industrial parks,\" the company relocated to the Yingdong Chemical Industry Park, and this strategic move became a key turning point for improving its performance. “This move not only got rid of the burden of inefficient old production capacity, but also optimized the industrial layout, paving the way for the implementation of high-value-added businesses; fundamentally, it expanded the room for profit growth. ”Wu Zhenhan, the company’s deputy general manager, explained. Inside the company’s massive control center, an intelligent monitoring system composed of 154 screens monitors the entire production process in real time, ensuring dynamic and precise control over the emission of waste materials. To date, the efficiency per mu of land utilized by this enterprise has remained among the highest in Anhui Province’s manufacturing sector, and it has been repeatedly recognized as a \"leader\" in energy efficiency among key energy-consuming industries by the Ministry of Industry and Information Technology. “Green is not a burden, but a foundation for high efficiency. ”Wu Zhenhan stated that through technological innovation, energy conservation and consumption reduction can be achieved, ensuring that every investment translates into greater returns. The key driver of growth in efficiency stems from the restructuring of the product value chain and breakthroughs in high-value-added businesses. Building upon its solid foundation in traditional fertilizers, the company has focused on the field of new chemical materials. It has developed a product portfolio centered around nylon 66, polystyrene, and other key products. Revenue generated from new chemical materials accounts for 49% of the total, thus giving rise to a new “****” pattern alongside its traditional products. Among them, the morpholine product line holds the largest production capacity in Asia thanks to multiple **patents, and continues to lead in terms of market competitiveness ； Products such as diethylene glycol amine fill the gaps in the domestic market, enabling import substitution and reducing reliance on foreign products, thereby capturing profit margins in the high-end market. The introduction of these high-value-added products is made possible by the companies’ continuous investment in research and development, which has enabled the establishment of a comprehensive innovation framework covering \"research and development—pilot production—industrialization\", ensuring that technological achievements are quickly transformed into sources of growth. Technological innovation breaks through challenges and helps reach new heights. The chemical industry not only sets benchmarks by driving transformation and boosting efficiency, but also overcomes difficulties through technological innovation. Since the trial operation began in May 2024, Jinkong Gas has relied on innovation to build new advantages for high-quality development. Against the backdrop of intensifying industry competition, it has managed to see a surge in profitability, successfully achieving the goal of going into operation as soon as it was built and generating profits right from the start. It has thus become a \"pioneer force\" driving high-quality development within the group’s chemical sector. Behind the breakthrough in production capacity is the strong support of core technologies. The company employs the advanced JM-S furnace coal gasification process combined with LNG production, and it continuously carries out technological innovations and system optimizations tailored to the characteristics of bituminous coal in Jincheng, thereby transforming the advantages of this process into actual production capacity. From January to November 4 this year, the production system maintained stable operation at full capacity for over four furnaces on 298 days. The total ammonia output reached 814,200 tons, with an average daily output of 2,644 tons. This not only allowed the company to exceed its annual target set by the Group ahead of schedule, but also saw its highest daily output recently hit 2,960.3 tons—a record high since the plant became operational. Since its commissioning, a total ammonia production of 1.3005 million tons has been achieved, providing a practical example for the transformation and upgrading of the traditional coal-based ammonia synthesis industry. The steady improvement in operational efficiency is made possible by the combined efforts of increasing production and efficiency, as well as reducing costs and expenses. During the interview, Luo Junjie, the company’s general manager, told reporters: “In terms of improving efficiency, we have taken measures such as optimizing the particle size of the coal used as raw material and implementing targeted technical upgrades to address system bottlenecks. As a result, the quality of our core product, liquid ammonia, remains at a leading level in the region; its selling price is the highest among similar products in the local industry, accounting for 67.22% of the company’s total revenue” ； On the cost reduction front, meticulous management is implemented to secure lower financing rates and government subsidies, while non-productive expenditures are cut back so that every penny spent goes where it’s most needed. ”Since its commissioning, it has generated a total operating revenue of 2.88 billion yuan and a total profit of 141 million yuan, moving in step with and contributing to the company’s development. In the field of green development, the company has won market recognition and a good reputation thanks to its strong capabilities. Facing the challenge of oversupply in Hubei’s ammonia market, the company accurately assessed supply-demand dynamics and price trends. This enabled it to secure its position in the local market while maintaining regional price stability, thereby demonstrating the responsibilities of a leading enterprise in the industry. By 2025, the company had obtained certifications for all four relevant management systems, was rated as an A-grade enterprise in the performance assessment of key industries affected by severe air pollution conducted by the Hubei Provincial Department of Ecology and Environment (with only 8 enterprises in the whole province receiving this rating), and achieved an AAA-grade credit rating in the nitrogen fertilizer and methanol industries in China, thus becoming a benchmark for green transformation. Moving forward, the company will continue to strengthen its dual-driven strategy of “ecological coexistence within industrial parks and downstream high-end expansion.” This will facilitate its transition from a “raw material supplier” to a “material solutions provider,” thereby continuously providing robust impetus for the high-quality development of the chemical industry within the equipment manufacturing group. Building strong support systems to high standards accelerates innovation and paves the way for new beginnings. If technological empowerment and green development represent the expansion of industries at a functional level, then the construction of projects to high standards is of paramount importance for the expansion of industrial scale. As an enterprise responsible for key projects in the chemical industry within the equipment manufacturing group, Yanhua Company focuses on projects involving an annual production capacity of 600,000 tons of synthetic ammonia and 800,000 tons of urea, as well as related coal-to-olefins projects. Adhering to the principles of \"safety first, quality foremost, and efficiency priority,\" it innovates its construction management methods to ensure the projects are completed and put into operation with high quality. During the project planning phase, the company took a long-term perspective, integrating the principles of green and low-carbon development throughout the process. It also installed environmental protection facilities such as sewage treatment systems and waste heat recovery systems to ensure that, once the project is operational, its environmental performance indicators will be among the best in the industry ； During the construction and implementation phase, the \"EPC turnkey contract + professional supervision\" model is adopted, with industry-leading firms selected to ensure project quality and facilitate timely progress of the project. To ensure a seamless transition between construction and operation, the company formed an operations team in advance to conduct specialized training, so that employees could become familiar with the equipment’s performance and the production processes ； During the trial operation phase of the project, a \"daily operation assessment\" mechanism is implemented to monitor data in real time and optimize operational plans, ensuring that the project reaches full production capacity as quickly as possible. Since it went into operation on August 2, 2024, in just over a year, Yanhua Company has delivered impressive results: the production of the facility has been steady and rising, with all targets being exceeded. The company has generated total revenue of 3.34 billion yuan and profits of 130 million yuan, making it a new source of growth for the enterprise’s coal chemical industry. “Looking to the future, under the strong leadership of the group company, we will actively fulfill the political, economic, and social responsibilities of state-owned enterprises, thoroughly implement all corporate directives, further strengthen collaboration with BOO units, and ensure safe production as well as energy conservation and consumption reduction ； We will actively promote the application for status as high-tech enterprises, green factories, and industry leaders in energy efficiency. By leveraging technological innovation to improve performance, we will contribute to the high-quality development of enterprises! ”Ren Ling, the deputy general manager in charge of production at the company, said with confidence. The outstanding performance of Haoyuan Company, Jinkong Gas Company, and Yanhua Company represents a vivid example of the high-quality development of the chemical industry within the equipment manufacturing group. Guided by the group’s strategy, various subsidiaries have achieved significant success one after another: Sanning Company was selected as a participant in the establishment of a **-level digital transformation promotion center, and it undertook its first **-level digital transformation project ； The Shahe Zhengkang coal-to-gas project has completed the process flow, produced qualified gas, and the commissioning trial was successful on the first attempt ； Jin Kai Company has innovatively adopted a dual transportation model of rail and road transport to ensure reliable logistics for its products... As various landmark achievements are realized at an accelerated pace, the revenue of the chemical industry continues to grow, profit levels rise steadily, market share for its products as well as brand premium power increase significantly. The potential for efficiency gains across the entire industrial chain is being tapped, providing a solid foundation for the group’s financial performance and serving as a key driver that helps the equipment manufacturing group remain at the forefront of the industry.