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Annual business review / fy2021-financial-material-close-20261005

China Jushi FY2021: Projects and construction progress

Named projects, stages, capacities and construction evidence.

Evidence-linked English operating research. The source and stated coverage below define the scope of this version. Source-page links provide optional verification; the English account is intended to stand on its own.

Reporting period ended 2021-12-31 / Filing published 2022-03-19
Content version 18 / 53cb82df6759 / PUBLISHED

Project developments in FY2021

Chengdu 150,000-tonne chopped-strand dedicated line

Open project history

A chopped-strand project at the Chengdu intelligent manufacturing base was progressing on schedule. Management expected it to become a new contributor to earnings. Chopped strands are a different delivery form from continuous roving, so the project is kept distinct from the two relocated-base furnace components ignited in 2020. The passage does not establish ignition or a realised output figure.

Egypt phase IV roving line

Open project history

Construction accelerated on the Egyptian base's fourth roving phase. Management connected it to supplying foreign markets from overseas manufacturing. This is a new phase after the first three Egyptian line projects, not a rename of an earlier 80,000-tonne line. The 2021 passage supplies the phase and construction stage but no precise capacity or commissioning date.

Tongxiang intelligent base: phase III electronic materials line

Open project history

The Tongxiang intelligent base's third fine-yarn phase progressed according to plan alongside roving phase III. It is associated with the electronic-materials branch of the base programme rather than merged with the roving investment. The 2021 passage does not report ignition or completed output for this phase. A later report provides the relevant commissioning-stage update.

Tongxiang intelligent base: phase III roving line

Open project history

At the Tongxiang headquarters intelligent base, roving phase III progressed according to plan. Fine-yarn phase III is listed separately in the same passage. This records the next phase within the multi-year intelligent-base programme, without interpreting planned progress as completed ignition or importing commissioning statements from the following year. The passage does not state this phase's individual capacity.

Read the complete annual research snapshot

Sources and scope

What this guide establishes

  • This page presents selected business disclosures from the FY2021 full annual report. It is not an exhaustive extraction of every disclosure.
  • Event dates stated in the text may differ from the reporting year. Later events disclosed before filing are identified explicitly; later annual reports are not inserted into this historical account.
  • The Chinese source was translated and compared with the cited pages in separate passes by the same assistant. Independent editorial review and publication approval remain pending.
  • Capacity, production, sales, project budgets and construction expenditure are different measures. Repairs and programme phases are not automatically incremental capacity.
  • Product, market, research and investment disclosures retain their original reporting scope. Industry estimates, future plans, committee decisions and accounting transfers are not verified output, orders or completed permitting. Unspecified factory and project-phase identities remain unresolved.
  • Organizational investment-table figures cannot be summed as issuer totals or allocated to plants. Production metals, rights, relocation and grants, inventory allowances, credit exposure, cash, funding principal and carrying values have different scopes. Source-reported compliance and historical tax certificates are not independent current assurance.
  • The reviewed treasury contract-return total and consolidated wealth-management income differ by CNY 69,063.78; the cited tables do not explain the difference. The source also has inconsistent CNBM role classifications, a wastewater-standard reference anomaly and ambiguous minor-holder labels. No missing explanation or corrected label is invented.
  • Historical site compliance, permits, monitoring logs and the separate full internal-control audit have not been independently verified. Printed role, environmental-standard and minor-holder-label anomalies remain unresolved.
  • FY2021 management and financial important-content selection is complete under the reader-focused editorial rule, with ordinary detail condensed and the original source retained. This is not full transcription or independent editorial approval. Selected disposal, parent allowance, restructuring and treasury-return differences remain unexplained; no new cash, project allocation or mining activity is inferred. Commercial source-use basis and independent editorial review remain pending.
FY2021 full annual report ↗
Chinese / A-share / Chinese Accounting Standards / Published 2022-03-19
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