Oriental Group clarified: At present, the company's lithium lithium lifting and bromraft technology has not been conducted in the test

On July 7, Capital State learned that the A -share company Oriental Group (600811.SH) issued a clarification announcement by media reports.

Recently, some media reported that the company received some institutional investors on -site investigations and communication content on July 5, 2022, mainly involving the company's potassium -related technology and trial conditions, and the industrialization process of related projects. The current company supplement and clarify the relevant situation of the potassium bonus project as the following:

At present, the company has built a seawater potassium bonus test workshop in the factory area of ​​Xiamen Dongfang Yinxiang Oil Co., Ltd., with a production capacity of 50 kg of potassium chloride/day or potassium chloride 25 kg/day. The project inspection of the sample meets the requirements of GB/T37918-2019 "Potassium -grade Potassium Potassium Chloride" to meet the type I of the powder crystal Ⅰ.

The company is actively promoting the first phase of 20,000 tons of potassium chloride projects. It has preliminarily selected as Hongshan Town, Shishi City, Quanzhou City, Fujian Province. The first phase of the project is planned to start construction in the second half of 2022, and it will be achieved in mid -2023. The company will start construction in accordance with regulations and disclosure procedures.

The company plans to actively promote the research on lithium water lifting, bromine technology and industrialization on the basis of sea water potassium bonus projects. At present, the company's lithium lithium and bromide technology have not been taken in the test, and industrialization has great uncertainty.

Oriental Group Reminder:

The construction of sea water potassium projects has not been officially launched. The company is preparing for the preparation of the project construction, including but not limited to site selection, project establishment, environmental assessment, etc., and the construction time of the project construction and the production time are still large uncertainty.

At present, the price of potassium chloride is still at the market high in recent years. In the future, the price of potassium chloride has a fluctuation risk, which will have a great impact on the future profitability of the company's potassium potonous project.

The future operating income and net profit of the company's seawater should potassium bonus projects are still uncertain, and there is no significant impact on the company's current performance.

The company will continue to pay attention to the progress of the potassium lifting project, and to perform the information disclosure obligations in time in accordance with the relevant provisions of laws and regulations.

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