Oriental Shenghong: In the first half of the year, a total of 19.771 billion yuan was added
Author:Capital state Time:2022.07.07
On July 7, Capital State learned that the A-share company Oriental Shenghong (000301.SZ) announced that the company's cumulative borrowing amount was 19.771 billion yuan from January to June 2022, accounting for 67.23%of the net assets at the end of 2021.
The new borrowing is mainly used for the construction of major projects such as Shenghong Refining and Chemical (Lianyungang) Co., Ltd. 16 million tons of refining and chemical integrated projects. Among them, the Shenghong Refining and Chemical Integration Project has been successfully carried out in May.
With the gradual connection of the devices of the project, the company has formed a "crude oil refining-PX/ethylene-PTA-polyester-chemical fiber" full industrial chain business model, and the flexibility and anti-risk capabilities of the overall development will be greatly enhanced.
The company's financial status is stable. At present, all debts have repaid interest on time. The above -mentioned new borrowing matters will not adversely affect the company's operating conditions and debt capacity.
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