Heng Bang shares 180 million of ammonium phosphate equipment revamping

Hang Bang shares (002237) today, the fertilizer market is basically in the trough period of recent years, it is likely to recover in the second half of this year or next year.　　In order to improve the utilization rate of ammonium phosphate equipment, improve product output and quality, seize the current market favorable opportunity, the company intends to invest 180 million yuan to the wholly-owned subsidiary of Weihai Hengda Chemical Co.　　In addition, in order to adapt to the expansion of the size of the company, the amount of work gradually increased, Evergrande shares to invest 10 million yuan to set up Yantai Heng Bang Building Installation Co., Ltd. (tentative name), reduce the company's engineering construction costs, improve the quality of the project. In the first half of this year, the company realized operating income of 1.656 billion yuan, an increase of 84.98%, mainly due to the firm's crude gold refining business increased, the total profit amounted to 107 million yuan, an increase of 12.34%, the net profit attributable to the shareholders of the listed companies 80.0386 million yuan, an increase of 3.52%. Non-ferrous metal mining smelting business to achieve business income of 1.536 billion, is still the main source of income and profits of Evergrande shares.