FilingReader Intelligence

Yueyang Xingchang targets high-end materials with R&D boost

July 22, 2025 at 05:27 AM UTCBy FilingReader AI

Yueyang Xingchang Petrochemical announced plans focusing on high-end new materials and clean energy. The company's R&D expenses grew 83.74% annually from 2021-2024, with R&D staff rising from 3.75% to 39% of workforce.

Cash dividends represented 59% of net profit in 2024 and 91% over 2022-2024.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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