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On the evening of September 9, Qixiang Tengda announced that the company’s project to produce 200,000 tons per year of methyl methacrylate (MMA), with a total investment of 3.78 billion yuan, is now complete for its first phase – which has a production capacity of 100,000 tons per year – and the production line in this phase is currently in operation after being fed with raw materials. As a leading enterprise in the C4 industry, the company already possesses a relatively complete production capacity across the entire C4 value chain. After acquiring 51% of the shares in Heze Huali through capital increases and acquisitions, it began construction on its own 200,000 tons per year MMA production facility along with related projects. Once the project is completed and operating at full capacity, it is expected to generate an additional sales revenue of 3.8 billion yuan and profits of 800 million yuan. The completion and operation of this first-phase project will further expand the company’s carbon tetrafluoride-related business chain, creating an integrated synergistic effect with the company’s existing production lines in this area. This will help to enrich the company’s product portfolio, optimize its overall production capacity and efficiency, and enhance its economic performance and competitive edge. Meanwhile, the company announced that the second-phase MMA production line with an annual capacity of 100,000 tons has entered the equipment installation phase, with all efforts being made to accelerate its construction. The company stated that it will continue to increase its efforts in introducing technologies related to mid-to-high-end products in the MMA sector and in expanding market presence, thereby further enhancing the competitiveness and profitability of its products.