The subsidiary of Red Sun (000525.SZ), Nanjing Chemical's paraquat facility, is undergoing phased shutdown maintenance.
Zhitong Finance App News, Hongtaiyang (000525.SZ) announced that its wholly-owned subsidiary, Nanjing Hongtaiyang Biochemical Co., Ltd. (referred to as "Nanjing Biochemical"), plans to conduct a phased planned shutdown and maintenance of its paraquat facility to eliminate safety risks associated with production equipment and ensure stable operation of the system. This decision is based on the annual maintenance scheduling and production-sales plan, and will involve equipment upgrades, hazard inspections, and facilities maintenance. This maintenance is part of the routine maintenance operations characteristic of chemical production enterprises.
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