On February 22, 2024, Gelonghui Industrial (001218.SZ) was surveyed by a specific target audience on February 22, 2024, on “Shanghai's 250,000 ton production capacity has expanded significantly. What are the main sources of the incremental market and customers?” The company replied that after the first phase of Shanghai Aowei's 250,000-ton new green surfactant production base and headquarters construction project was put into operation, it added 120,000 tons of production capacity.
The new surfactant production capacity at the company's Shanghai base will increase supply to the Yangtze River Delta region and the southwest, Hebei and overseas markets. The company expands sales space by increasing the supply of high-quality customers; expanding the number of customers and increasing market share; increasing international market development efforts and increasing exports; and penetrating other downstream application markets.