On October 21, Xuelang Environment and Anhui Zhonghuifa New Materials Co., Ltd. officially signed the "Equipment sale Contract for Anhui Zhonghuifa New Materials Co., LTD. 350,000 tons/year light hydrocarbon cracking to styrene project", with a total contract price of 144.5 million yuan. Anhui Zhonghuifa Chairman Yin Xianzhong, general manager Yan Jun, deputy general manager Cao Shoujun, Xuelang Environment Chairman and president Hu Jianmin, Xuelang Environment Vice president, Xuelang project general manager Song Xin and other relevant leaders attended the signing ceremony.

Anhui ZhongHuifa New Materials Co., Ltd. is one of the important private enterprises in Laian County, Chuzhou City, Anhui Province. The cooperation project is located in the west of the chemical industry concentration area of Laian County, Chuzhou City, covering an area of 157200m square meters, the total investment of the project is 206508 million yuan. The first phase will build 350,000 tons/year light hydrocarbon cracking production line to styrene. Xuelang Environment provides complete sets of denitration systems and integrated equipment for the project.

The total contract price is 144.5 million yuan, accounting for 7.97% of the company's audited operating income of 181,249.38 million yuan in 2021. If the contract can be implemented smoothly, it will have a positive impact on the company's business performance, further improve the company's market influence and enhance the company's brand image.