This month, our company has the honor of being invited to the (Third) Salt Chemical Industry Market Exchange Conference organized by Baichuan Yingfu. China's annual production capacity of industrial salt has exceeded 120 million tons, and the annual output has already surpassed 100 million tons in 2024, making it one of the world's major producers of industrial salt.

 With the differentiation in local economic development, the supply categories of industrial salt in China have undergone some changes. The production of sea salt has continued to shrink, while well and mine salt has been growing steadily, and lake salt has maintained a stable supply. This is the major trend in the supply of industrial salt in China during the "15th Five-Year Plan" period. At the same time, with the continuous advancement of the salt industry reform and the improvement of marketization, competition among enterprises will become more intense.

 This year, our company has expanded its business on the basis of the original operations, adding new export business of industrial salt to Taiwan, Vietnam and other places. In the first half of the year, more than 50,000 tons were shipped, leaving a very good impression on customers. In the unfavorable economic environment, every step of the company has been steady and powerful. At the same time, we have developed rock salt and other businesses, contributing to the development of the company.