Xingfa Group officially starts construction of 15,000 tons of high purity yellow phosphorus project
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The total investment of the project is planned to be 9.96 million yuan. The impurities in the yellow phosphorus products will be removed through pretreatment, activated carbon adsorption and filtration, and pickling and washing to form an annual output of 10,000 tons of electronic-grade special yellow phosphorus and 5,000 tons of low-arsenic yellow phosphorus. Capacity, the project construction will improve the quality of industrial yellow phosphorus, gradually meet the needs of electronics, medicine, food, petroleum and other fields, and reduce production costs accordingly, improve product profitability, promote the industrial structure adjustment of yellow phosphorus, and enhance the market competitiveness of enterprises is of great significance. .
After the project is completed and put into production, it can realize an annual sales income of 150 million yuan, and an annual increase of 4.52 million yuan in profits.
It is reported that from January to July 2009, Hing Fat Group achieved a total sales revenue of 3.212 billion yuan, an increase of 11.03% over the same period of the previous year; a profit of 115.91 million yuan, and an export earnings of 73.92 million yuan, and the operating performance exceeded expectations.