Lanhua Sci-Tech's coal chemical upgrade project expected to be completed and enter trial production before year-end

Corporate Action
โดย CLS·CN·Read original
Summary · why it matters

Lanhua Sci-Tech announced that its subsidiaries Lanhua Coal Chemical, the Chemical Branch, and Lanhua Clean Energy must complete upgrades within a set deadline because they use fixed-bed intermittent coal gasification technology. The energy-saving and environmental upgrade project at Lanhua Coal Chemical started in early 2025, with an estimated total investment of 3.962 billion yuan. Mechanical completion is expected on August 31, 2026, handover on October 31, and completion with transition to trial production before December 31. To advance the project, Lanhua Coal Chemical's existing production facilities stopped production in mid-August, and the Chemical Branch and Lanhua Clean Energy have also halted production. The company will push to accelerate construction and ensure completion and trial operation before year-end.

Impact on stocks 1

Others · 1 stocks
Shanxi Lanhua Sci-Tech Venture Co Ltd
600123
▼ NegativeRegulationSupplyrelevance

Company must complete upgrades due to fixed-bed intermittent coal gasification technology, halting production at subsidiaries, impacting operations.

Off-coverage companies 2

兰花清洁能源Private▼ Negative
Regulationrelevance

Subsidiary halted production to comply with upgrade requirements, affecting output.

兰花煤化工Private▼ Negative
Regulationrelevance

Subsidiary halted production to comply with upgrade requirements, affecting output.