Project Overview

Project Name: Hydrogen Energy Utilization and Fully Degradable New Materials Project of Fuzhou Wanjing New Materials Co., Ltd. (Phase I)

Construction unit: Fuzhou Wanjing New Materials Co., Ltd.

Construction site: Fuqing Jiangyin Gangcheng Economic Zone, Fuzhou City, covers an area of ??96715m2

Construction nature: new construction

Total investment: 6,091.81 million yuan (the total investment in environmental protection is 220.98 million yuan, accounting for 3.63% of the total investment)

Construction period: July 2022 to December 2024

Fuzhou Wanjing New Material Hydrogen Energy Utilization and Fully Degradable New Material Project (Phase I) is located in the western chemical industry zone of Jiangyin Gangcheng Economic Zone, Fuqing, Fuzhou City, covering an area of ??96,715m2, with a total investment of 6,091,810,000 yuan.

The main construction contents include: 400,000 tons/year n-butane to maleic anhydride unit (including gas separation unit) and 300,000 tons/year 1,4-butanediol (BDO) unit, incinerator unit, intermediate tank area, products Tank farms and off-site transportation pipelines. Part of the public and auxiliary projects rely on the existing projects or proposed projects of various enterprises in the Fujian Zhongjing Science and Technology Park.

The total investment of this project is 6,091,810,000 yuan. The average annual operating income of the project is 12,092.24 million yuan, the total annual average profit of the project is 1,386.17 million yuan, the average annual income tax during the operation period is 346.54 million yuan, and the average annual net profit is 1,039.63 million yuan.