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China Research Institute of Fine Chemicals (688716.SH): The engineering project of 4,000 tons of biphenyl sulfoxide distillation and recovery has been completed and is expected to be put into use in June 2025.
On July 25th, Geelong announced that the 4,000 tons of Diphenyl sulphone Distillation Recycling Project is expected to be completed and put into use in June 2025, according to the Interactive Platform for Investors of Zhongyan Corporation (688716.SH). The project is designed to improve the quality of recycled diphenyl sulphone used in the production line, ensuring stable product quality and production process. After the project is put into production, the amount of diphenyl sulphone purchased by the company will not undergo significant changes.
Zhongyan Corporation (688716.SH): The company's pure resin production capacity of PEEK is 1000 tons.
Zhongyan (688716.SH) stated on the investor interaction platform on July 25th that the company has achieved an upgrade and transformation of double-vessel operation, improving product performance indicators such as batch stability, purity quality, color consistency, promoting the promotion and use of PEEK materials in various fields such as medical. The company's PEEK pure resin production capacity is 1000 tons.
Zhongyan Corporation (688716.SH) intends to use part of the over-raised funds totaling 24.6 million yuan to permanently supplement working capital.
On July 19th, Gelunhui reported that Zhongyan Technology (688716.SH) plans to use a portion of the raised funds, totaling RMB 24.6 million, to permanently supplement its working capital, accounting for 7.14% of the total amount. The company has used a cumulative amount of RMB 103.3 million in raised funds to permanently supplement its working capital in the past 12 months, which is less than 30% of the total raised funds.
China Research Corporation (688716.SH): Plans to establish a wholly-owned subsidiary with a registered capital of 30 million yuan.
On July 19th, Gelunhui reported that China Research Corporation (688716.SH) has established a wholly-owned subsidiary, China Research Composite Materials (Shanghai) Technology Development Co., Ltd. (referred to as "Shanghai China Research") with a registered capital of RMB 30 million, considering factors such as industrial agglomeration effects and distribution of talents in segmented industries, and after thorough investigation by the team, based on the current business development situation. The new company name is subject to registration and filing.
Zhongyan Corporation (688716.SH): The electromagnetic wire coating material project is still under development and testing at this stage.
On June 7th, Gelunhui reported that Zhongyan shares (688716.SH) stated on the investor interaction platform that the company's electromagnetic wire wrapping material project is still in the development and testing stage.
China Research Corporation (688716.SH): Medical-grade PEEK currently has small-batch order deliveries.
On June 7th, Gelonhui reported that China Research Corporation (688716.SH) stated on their investor platform that the company's medical-grade PEEK currently has small batch orders delivered, with some projects still in the development and verification stage. The company remains bullish on the application of PEEK products in the field of medical implants.
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