A 150,000-tonne-per-year chopped-strand line at Chengdu was ignited. The company described it as its second dedicated chopped-strand line and declared the Chengdu intelligent base fully built. This supplies a capacity and commissioning-stage update to the chopped-strand project disclosed in 2021. The line capacity is not added again as a separate base-wide total, and the passage does not supply its annual utilisation.
- Annual production capacity
- 150,000 tonnes/year
The account names Jushi Group Chengdu’s 150,000-tonne-per-year chopped-strand glass-fiber line. The Chengdu location, implementing business and specific chopped-strand product connect it to the dedicated line discussed in the 2021–2022 operating narrative, rather than to the relocated-base roving components. Its budget is CNY 1,797,588,300. An opening CNY 35,298,293.13 plus FY2022 additions of CNY 1,010,327,986.45 equals CNY 1,045,626,279.58 transferred into fixed assets. The issuer reports 100% engineering progress and a 58% investment-to-budget indicator; the closing construction cell is blank. The narrative separately reports ignition and describes this as the second dedicated chopped-strand line. That product form serves different delivery requirements from continuous roving. The construction and ignition disclosures do not establish the line’s annual achieved production, utilization or customer-order volume, and the capacity is not added again as a base-wide total.
- Reported construction budget / 2022 / FY2022 annual construction/asset table; reported scope and units. Accounting movement is not cash spending; reported progress and investment ratios are separate.
- RMB 1,797,588,300
- Reported construction carrying-value additions / 2022 / FY2022 annual construction/asset table; reported scope and units. Accounting movement is not cash spending; reported progress and investment ratios are separate.
- RMB 1,010,327,986.45
- Issuer-reported construction progress / 2022 / FY2022 annual construction/asset table; reported scope and units. Accounting movement is not cash spending; reported progress and investment ratios are separate.
- 100%
- Issuer-reported investment-to-budget ratio / 2022 / FY2022 annual construction/asset table; reported scope and units. Accounting movement is not cash spending; reported progress and investment ratios are separate.
- 58%
- Reported transfer into fixed assets / 2022 / FY2022 annual construction/asset table; reported scope and units. Accounting movement is not cash spending; reported progress and investment ratios are separate.
- RMB 1,045,626,279.58