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Qingsong shares: The final production and production of the 5,000 tons of camphor production capacity project can increase the production capacity of the company's turpentine deep processing series products

Tonghuashun (300033) Financial Research Center on February 1, some investors asked Qingsong Shares (300132), the company news said that it is ready to expand the chemical business 5,000 tons of camphor production capacity, but in the past year or so, the decline in the gross profit of chemical turpentine and synthetic camphor revenue has offset the growth of Northbell's earnings and dragged the company's stock price back. Is the company confident that the expansion of production capacity will increase revenue and profit in the future? What is the outlook for future chemical development?

The company replied that the final production and production of the project can increase the production capacity of the company's turpentine deep processing series products, which is conducive to enhancing the overall competitiveness of the company and will have a positive impact on the company's operating performance. However, in view of the fact that the project still needs a certain amount of time from the safety acceptance and environmental protection acceptance to the pass, and even if it reaches full production, it may face the impact of changes in the supply of raw materials, changes in the market demand environment, intensified competition and other factors, resulting in the risk that the project benefits will not meet expectations. Thank you for your attention.

This article originated from the Flush Financial Research Center

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