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

Tongxiang 200,000-tonne upgrade and expansion in the FY2025 project note

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 2025-12-31 / Company library through 2025-12-31
Content version 30 / deea6484e3c3 / PUBLISHED

At a glance

Record type
Project
Earliest source in this dossier
FY2025
Latest source in this dossier
FY2025
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.

Identity and scope to resolve

The financial-note upgrade-and-expansion row and the narrative start of a 200,000-tonne cold repair do not yet have a confirmed common project identity. The named construction-note record retains its own budget and engineering-progress scope.

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.

Connected operating records

These associations are supported by the cited disclosure. A programme or base association does not establish a shared physical footprint.

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
EIA design annual capacity200,000 tonnes/year2025-09-02eia design not realised output / eia approved designFY2025, p. 2
EIA projected total investmentRMB 760,080,9002025-09-02eia design not realised output / eia approved designFY2025, p. 2
EIA projected environmental investmentRMB 15,500,0002025-09-02eia design not realised output / eia approved designFY2025, p. 2
Project budgetRMB 760,080,9002025-01-01 to 2025-12-31project disclosed / project budgetFY2025, p. 147
Engineering progress100%2025-12-31project disclosed / project noteFY2025, p. 147
Transferred to fixed assetsRMB 706,444,293.352025-01-01 to 2025-12-31project disclosed / project noteFY2025, p. 147

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

FY2025 / Disclosed developments

Open FY2025 company review

Jiaxing Ecology and Environment Bureau issued decision Jia Huan Jian [2025] No. 35 on 2 September 2025 for Jushi Group Co., Ltd., with project code 2501-330483-04-02-242305. It describes upgrading and expanding an existing production base on Wenhua South Road in Tongxiang Economic Development Zone, replacing older equipment with upgraded furnace systems, drawing machines, unloading robots and pallet-handling equipment. The approved design is 200,000 tonnes of glass fiber per year, with projected investment of RMB 760.0809 million, including RMB 15.5 million for environmental protection. The legal owner, capacity, location and exact total investment agree with the annual report's 200,000-tonne upgrade-and-expansion row, supporting this association. That does not resolve the separately described newly initiated cold repair or the 180,000-tonne project, and design capacity is not actual output.

EIA design annual capacity / 2025 / eia design not realised output
200,000 tonnes/year
EIA projected total investment / 2025 / eia design not realised output
RMB 760,080,900
EIA projected environmental investment / 2025 / eia design not realised output
RMB 15,500,000

The decision requires separated stormwater and process-water collection, treatment and reuse through the existing base's wastewater system, followed by treatment at Tongxiang Shenhe Water Services. A new fluoride-removal facility must be built before the old reverse-osmosis concentrate station is taken out of service and dismantled. Furnace and drawing-channel exhaust must use dry deacidification, catalytic ceramic filtration with SCR denitration, dual-alkali desulphurisation and wet electrostatic mist removal before discharge through outlet DA001. The project must be designed against Grade A heavy-pollution-weather performance requirements. These are conditions attached to the approved design, not proof of completed installations, achieved treatment efficiency or an awarded Grade A rating.

The signed decision requires the environmental facilities to be designed, built and put into use alongside the main works, a lawful pollution-discharge permit, operation within that permit, and completion of the prescribed acceptance procedure. Production is allowed only after acceptance is passed. Material changes to the project's nature, scale, location, process or pollution controls require a new environmental-impact submission; a decision to start construction more than five years after approval requires renewed review. Online pollutant monitoring must also be linked to the environmental authority. The September 2025 approval therefore supplies operating conditions; it does not establish the date of commissioning, the acceptance outcome or the realised output of the line.

The FY2025 important-construction-project note reports a budget of RMB 760,080,900.00 and engineering progress of 100% for this project. RMB 706,444,293.35 was transferred to fixed assets during the year. The row has no closing construction-in-progress amount. Engineering progress, spending against budget, and actual output are different measures. A blank closing cell is retained as a blank and is not entered as a numeric zero. This project is kept separate from the differently described cold-repair work in the narrative; matching by site and capacity alone is insufficient.

Project budget / 2025 / project disclosed
RMB 760,080,900
Engineering progress / 2025 / project disclosed
100%
Transferred to fixed assets / 2025 / project disclosed
RMB 706,444,293.35

Associated business context

Tongxiang manufacturing base / FY2025

Tongxiang's 120,000-tonne-per-year furnace-drawing line completed a cold-repair and technical-upgrade project and entered production in 2025. The report separately states that a cold-repair and upgrade project for a 200,000-tonne-per-year Tongxiang line was fully initiated. One disclosure is a production milestone; the other is the start of work on a different line. The capacity figures identify the lines in the report and should not automatically be treated as an equal amount of incremental new group capacity.

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.
FY2025 full annual report ↗
Chinese / A-share / Chinese Accounting Standards / Published 2026-03-20
PDF SHA-256: c71b2130cf3d5d9135b884f732d06767c6d2de03c6f7563920a2fc19ef73347f
FY2025 Jiaxing environmental decision No. 35 (2025): 200,000-tonne upgrade ↗
Chinese / Supplementary PDF / Retrieved 2026-10-04 / Publication date not assigned from document issue or website update date
PDF SHA-256: c61425dff2a47c898cd7f4a66347896a0ae2a8d06f820a0bddf68d2928a66dd8