Yueyang Xingchang to halt production for maintenance

Yueyang Xingchang Petrochemical (SZSE:000819) announced that its main production facilities, along with those of subsidiaries Hunan Xinling Chemical and Huizhou Lituo New Materials, will undergo periodic shutdowns for maintenance. The work aims to ensure the safety and stability of future operations by inspecting, repairing, and upgrading equipment. The planned maintenance for Yueyang Xingchang and Hunan Xinling is expected to last approximately 60 days, starting in mid-June 2025, while Huizhou Lituo's maintenance will take about 30 days, beginning in mid-May 2025. The company anticipates the maintenance will reduce effective production time, negatively affecting 2025 net profit by an estimated CNY 35 million.