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Is Inner Mongolia Yuan Xing Energy (SZSE:000683) Using Too Much Debt?
Inner Mongolia Yuan Xing Energy (000683.SZ): In recent years, the company has had a small amount of soda exports business each year.
Inner Mongolia Yuan Xing Energy (000683.SZ) stated on the investor interaction platform that in recent years the company has had a small amount of pure alkali export business each year.
Inner Mongolia Yuan Xing Energy (000683.SZ) has not engaged in pure alkali futures related business.
Inner Mongolia Yuan Xing Energy (000683.SZ) stated on its investor platform on August 1st that the company has not engaged in futures related to soda ash; delivery of soda ash products requires compliance with relevant inspection procedures; there is currently no maintenance plan for the Alxa natural soda ash project in August.
Inner Mongolia Yuan Xing Energy (000683.SZ): The Alashan natural soda project has obtained a water indicator of 10 million cubic meters per year.
On July 31st, Gelunhui reported that Inner Mongolia Yuan Xing Energy (000683.SZ) disclosed the record of investor relations activities, showing that the Alashan natural alkali project has obtained a water indicator of 10 million cubic meters per year, which meets the current production water needs of the project. The company will continue to promote the acquisition of water indicators for the project's second phase.
Inner Mongolia Yuan Xing Energy (000683.SZ): Some equipment of Zhongyuan Chemical has maintenance plans in the third quarter.
On July 31st, Gelonghui reported that Inner Mongolia Yuan Xing Energy (000683.SZ) disclosed an investor relations activity record, showing that some of the equipment of its subsidiary, Zhongyuan Chemical, has a maintenance plan in the third quarter, with a maintenance time of about 10 days, while other enterprises have not yet developed a maintenance plan for the second half of the year.
Inner Mongolia Yuan Xing Energy (000683.SZ): The first phase of the Arshantian Natural Alkali project by Silver Root Mining has completed production on all four production lines.
Yuan Xing Energy (000683.SZ) disclosed an investor relations activity record which showed that the company's subsidiary, Silver Root Mining's natural alkaline project in Alxa, has put all four production lines of Phase 1 into operation, and lines 1, 2, and 3 are already producing. The fourth production line is undergoing trial runs and has not yet reached production due to equipment debugging and other reasons. The company is pushing for the fourth line to reach production.
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