Yongdong Shares: Stabilize the main business of carbon black and deeply cultivate the deep processing of coal tar

On September 13, Yongdong Co., Ltd. recently released a record of its investor relations activities, detailing the company's information on the circular economy industrial chain, future strategic direction and investment planning, and current customer conditions.

Since its establishment, Yongdong has been committed to building an efficient and sustainable circular economy industrial chain. Relying on the rich local resource advantages, the company focuses on the deep processing of coal tar and the continuous extension of its industrial chain. Through the organic combination of "coal tar processing + carbon black production + tail gas power generation + fine chemical new materials", the company has formed a unique industrial model, which not only gives full play to the advantages of the circular economy industrial chain, but also promotes the development of carbon black products towards high-end development, differentiation and scale. At the same time, the company has further extended the coal tar fine processing industry chain and added types of high value-added products, which has far-reaching significance for the company's expansion into the field of new materials and the transformation and upgrading of its product structure.

When talking about future strategic directions and investment plans, Yongdong Co., Ltd. said that on the basis of consolidating the main business of carbon black, the company will actively build a circular economy industrial chain, and gradually expand into new coal tar fine chemical materials, high-quality carbon black, etc. Areas with high-tech content. According to the Carbon Black Industry Network, the company plans to further extract a variety of chemical products by purchasing coal tar and refining carbon black raw oil. These products can not only be used as raw materials for multiple industries, but also effectively improve the stability of carbon black quality. In addition, the company has a number of proposed projects, such as the "2× 100,000 tons/year anthracene oil deep processing project" and the "500,000 tons/year coal tar deep processing project", which have been reviewed by the company's shareholders 'meeting.

In terms of customers, Yongdong Co., Ltd. relies on its brand advantages to maintain good and stable cooperative relations with many well-known tire companies in China and abroad. With the expansion of the company's scale, the company is also extensively developing customer resources, and the number of customers and high-quality customers are gradually increasing.