Huatai: Planning to invest 1.153 billion yuan to build a project with an annual output of 120,000 tons of amino resin.

Waltai's announcement: The company plans to invest 1.153 billion yuan from its own funds to build a project with an annual production capacity of 120,000 tons of amino resin from carbon dioxide. The construction period is estimated to be 26 months. The project is an extension of the company's industrial chain, using existing products as raw materials to produce a series of amino resin products widely used in the coating field, with broad market prospects. The successful operation of the project will further enrich the variety of products and enhance the company's overall competitiveness. The construction of the project still needs to be reviewed by the shareholders' meeting and there is uncertainty. If the project is completed as expected, it will improve the company's profitability and sustainable development capabilities, but will not have a significant impact on the operating data for 2025.