Xinghua's "Project Driven Strategy" has achieved a total profit of 67 million yuan

Shaanxi Xinghua Group adhered to the implementation of the “Project Driven Strategy” and promoted the rapid development of the company. From January to June this year, the group realized profits and taxes of 67 million yuan, the total asset contribution rate increased by 8.7 percentage points over the previous year, and the per capita income of workers increased by 30.47%.
Xinghua Group is a large-scale enterprise group with a history of 40 years, including chemical products, chemical fertilizers, and military products. They have invested 335 million yuan in the implementation of technological transformation projects. Among them, the investment of 96 million yuan in the implementation of the second phase of ammonium nitrate reconstruction project, so that the company's leading product ammonium nitrate technology content, device capabilities and product quality in one fell swoop ranks first in the country counterparts. The investment of more than 70 million yuan in the transformation of heavy oil to natural gas on raw material lines not only evaded the huge risk of survival due to the depletion of heavy oil feedstock, but also produced greater social benefits. The 63 million yuan investment in the construction of the third phase of nitric acid project has solved the problem of insufficient bottleneck of nitric acid production capacity, and at the same time filled the gap in the province's absence of concentrated nitric acid products. Invested 60 million yuan in technical transformation projects carried out in phases on alkali plants, increasing its annual production capacity by more than 30 times, and earning more than 20 million yuan annually. They have successively implemented a number of major technical expansion projects such as the first phase of decarbonization, the second phase of composite transformation, the fourth air separation, and the 659 nitrogen system transformation, which not only ensure the scale of production, but also adjust the product structure, chemical process quality, A historic leap has been achieved in terms of safe and stable operations.
Compared with five years ago, Xinghua Group's total industrial output value, sales revenue, profits, and per capita income rose by 2.57, 3.5, 3.1, and 1.95 times respectively.

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