The reporter recently learned from Sanyou Chemical that since the listing, the company has raised 578.6809 million yuan of funds from the secondary market. In order to extend the industrial chain of chlor-alkali products, increase the added value of products, and increase economic efficiency, the company plans a strategy to “consolidate soda ash and develop chlor-alkali”. It is reported that the company will publicly issue no more than 120 million new shares in order to achieve another leap in the company's gold development period.

“It is the good income generated by the market financing after the investment in the project that stimulates the demand for refinancing.” According to the company’s executives, the company’s fundraising investment is more explicit: it is mainly used for 60,000 tons of organic silicon monomer per year. The project and the ultra-low salt heavy soda ash technical transformation project have a total investment of about 990 million yuan, of which about 590 million yuan will be used to raise funds.

It is understood that the demand for soda ash industry has grown this year. In early 2007, soda ash prices continued to rise by about RMB 30/t. Sanyou Chemicals is an important production and export base for China's soda manufacturing industry. It has the right to import and export independently, and has an annual production capacity of 1.7 million tons of soda ash. The domestic production capacity of soda ash accounts for 10%, and it has the largest production capacity of soda ash in China. . The reporter also learned that the company’s resources also have certain industrial advantages. Hebei Changlu Daqinghe Salt Chemical Group, which was acquired by the controlling shareholder in August 2005, has an annual production capacity of 600,000 tons of raw salt, and plans to carry out technological transformation and expansion of the original salt plant. After the expansion, the original salt production capacity will reach an annual output of 1 million tons.
This article from the China Chemical Network finishing the new year business plan, Sanyou Chemical proposed in 2007 the main business plan to achieve 3 billion yuan in revenue; Soda 1.7 million tons, 170,000 tons of caustic soda, calcium chloride 115,000 tons. Analysts believe that the production of double 200,000 tons will mean double the level, and the profitability of chloro-alkali products will be guaranteed in the future.

It is understood that in the pursuit of enterprise development and breakthroughs in capital bottlenecks, Sanyou Chemicals has also tried to raise funds through various financing methods while taking public listing financing. For example, in 2006, Sanyou Chemical Co., Ltd. successfully issued 450 million yuan in short-term financing bills, which not only effectively relieved the pressure on liquidity, lowered the cost of financing, but also broadened the financing channels. According to the company, in order to further expand the scale of business, to ensure the smooth implementation of the company's future development strategy. The company plans to issue short-term financing bills again, and said that the scale will not be less than 450 million yuan.


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