SINOFILINGS / BUSINESS LIBRARY600176 / PUBLISHED
Project dossier / object-dossiers-v1

Tongxiang 120,000-tonne line energy-saving upgrade

Project / Background, reported developments and evidence

Selected disclosures assembled into a continuing object history. Associated business context retains its own company, product or site scope. Source-page links provide optional verification; the English account is intended to stand on its own.

Source reporting periods through 2014-12-31 / Company library through 2025-12-31
Content version 30 / deea6484e3c3 / PUBLISHED

At a glance

Record type
Project
Earliest source in this dossier
FY2013
Latest source in this dossier
FY2014
Company
China Jushi / 600176

Read the dated construction and operating milestones below. An installation stage or an engineering-progress percentage does not establish actual production. A programme and its component lines may describe the same capacity at different levels.

Location and identification

Exact physical address and coordinates have not yet been verified for this record.

Verified site coordinates: unavailable. No city-centre point is displayed as a plant location.

Reported measurements

Only measurements attached to this record are shown. Values retain their original reporting scope; rows are not summed into an asset total.

MeasureValuePeriod / scopeSource
Project budgetRMB 162,047,6002014-12-31reported engineering row / reported engineering rowFY2014, p. 90
Annual construction additionsRMB 70,335,836.852014-01-01 to 2014-12-31reported engineering row / reported engineering rowFY2014, p. 90
Project transfer to fixed assetsRMB 361,896,453.082014-01-01 to 2014-12-31reported engineering row / reported engineering rowFY2014, p. 90
Reported investment-to-budget ratio72.49 percent2014-12-31reported engineering row / reported engineering rowFY2014, p. 90
Engineering progress100 percent2014-12-31reported engineering row / reported engineering rowFY2014, p. 90
Project budgetRMB 162,047,6002013-12-31financial cip budget / financial cip budgetFY2013, p. 94
Reported cip additionsRMB 291,560,616.232013-01-01 to 2013-12-31120kt upgrade financial row / 120kt upgrade financial rowFY2013, p. 94
Reported cip netRMB 291,560,616.232013-12-31120kt upgrade financial row / 120kt upgrade financial rowFY2013, p. 93

The following sections retain the full available English descriptions and their source context. Associated business context describes its named product or base.

FY2014 / Disclosed developments

Open FY2014 company review

The 120,000-tonne alkali-free line energy-saving upgrade was marked complete. The table gives a project amount of RMB 162.0476 million and cumulative investment of RMB 160.0326 million. The project is related to the existing line through its explicit capacity and upgrade scope, while remaining a separate investment activity from the original furnace construction. A completed upgrade is not added to group capacity as another 120,000-tonne line.

The 120,000-tonne alkali-free line energy-saving upgrade is linked to the existing project record by its full upgrade description, reporting context and CNY 162,047,600.00 budget, which matches 16,204.76 ten-thousand CNY in the board table. The engineering table reports CNY 70,335,836.85 of current additions, CNY 361,896,453.08 transferred to fixed assets, 100% progress and a 72.49% investment-to-budget ratio. Its opening balance and transfer exceed the printed budget, and these figures do not provide an internally complete budget reconciliation. The original numbers are retained without enlarging the budget or changing the reported ratio. The board table's cumulative investment of 16,003.26 ten-thousand CNY is a different table measure, not an automatic reconciliation to the transfer. This activity remains separate from the 100,000-to-120,000-tonne cold-repair upgrade whose budget is 20,002.27 ten-thousand CNY. Matching final capacity alone does not justify merging the two project records or adding an entire new 120,000-tonne line to group capacity. Actual output, energy savings and precise project coordinates remain undisclosed here.

Project budget / 2014 / reported engineering row
RMB 162,047,600
Annual construction additions / 2014 / reported engineering row
RMB 70,335,836.85
Project transfer to fixed assets / 2014 / reported engineering row
RMB 361,896,453.08
Reported investment-to-budget ratio / 2014 / reported engineering row
72.49 percent
Engineering progress / 2014 / reported engineering row
100 percent

FY2013 / Disclosed developments

Open FY2013 company review

The management table describes the energy-saving upgrade to Jushi Group's existing 120,000-tonne-per-year alkali-free furnace line as preparatory and not yet started. It shows a CNY 162,047,600 project amount, zero annual and cumulative investment, and expected completion in the second half of 2014. The financial important-matters note instead says construction began in December 2013 and was expected to finish in July 2014. The construction note identifies this named project among the causes of higher year-end construction in progress. A 120,000-tonne upgrade row in the financial ledger gives the same budget but CNY 291,560,616.23 of current additions and closing balance, accompanied by a printed 0.98% investment-to-budget ratio and 0.98 project progress. Those figures do not provide a consistent arithmetic measure of completion. The preparation description, dated construction statement and ledger values are all retained; the report does not explain their reconciliation. This is an upgrade to an existing line, not an additional 120,000-tonne new furnace, and no realized energy saving is quantified in these passages.

Project budget / 2013 / financial cip budget
RMB 162,047,600
Reported cip additions / 2013 / 120kt upgrade financial row
RMB 291,560,616.23
Reported cip net / 2013 / 120kt upgrade financial row
RMB 291,560,616.23

Sources and scope

What this guide establishes

  • Reporting years identify the source filings. Actual event dates are retained in the text and may differ from the reporting year.
  • The latest disclosure year for this object is not confirmation of its current operating status. Coverage is selected, not an exhaustive account of every report.
  • Capacity, output, sales, construction progress and expenditure are separate measures. Programme and component capacities are not added together.
  • Company contact addresses are location leads. They do not establish exact plant boundaries or the footprint of individual projects.
FY2013 full annual report ↗
Chinese / A-share / Chinese Accounting Standards / Published 2014-03-19
PDF SHA-256: 95d20729281439b11b9ef2fe5f86ca19007a1f9d5b239ced1aedce9aad8128c3
FY2014 full annual report ↗
Chinese / A-share / Chinese Accounting Standards / Published 2015-03-18
PDF SHA-256: 9651c42a65e7a7d89ad49652e39914807223f94f462ee75c8e8522e293c2741a