Jacques Technology's subsidiary Jacques de Jacob resumes production, Xiangshui Jacques continues to discontinue production

Gaic news, May 7, Jacques Technology announced that the company's subsidiary Xiangshui Jacques Chemical Co., Ltd. (hereinafter referred to as 'Sangshui Jacques') and Marina Jacques Chemical Co., Ltd. (hereinafter referred to as 'By Marina Jacques') according to the government Relevant departments temporarily suspended the production of all chemical companies in the park and the park, and the environmental protection issues of inspection and remediation were completely suspended.

According to the latest announcement issued by Jacques on June 19, in recent days, Jacques-Marie received a notification from the Administrative Committee of the Binhai County Chemical Park to resume production, and resumed production on June 15, 2018. During the temporary suspension of production, Jacques-marc was not only actively implementing the government. Relevant department's rectification requirements, conscientiously do a good job in the repair and rectification of environmental protection facilities, and carried out maintenance and overhaul of production equipment to improve the efficiency and efficiency of equipment operation. Binhai Jacques owns several flame retardant production lines and raw material production lines, etc. Production has important significance for the normal business development of the Group's flame retardant plate.

Jacques Technology stated that as of now, the subsidiary Xiangshui Jacques has not received a notice from the Chemical Industry Park Management Committee of Xiangshui County to resume production. The company will continue to actively negotiate with relevant government departments to strive to resume normal production as soon as possible.

It is reported that Xiangshui Jacques was established on May 21, 2003, with a registered capital of 60 million yuan (Jacques holds 100% of its equity) and is mainly engaged in foaming agent H (DPT), tris-(chloroisopropyl)phosphate. , tris(1,3-dichloropropyl) phosphate, bisphenol A bis(diphenyl phosphate), resorcinol bis(diphenyl phosphate), triethyl phosphate, triphenyl phosphate Production and sales. As of December 31, 2017, the total assets of Xiangshui Jacques was approximately RMB 142 million, the total liabilities were RMB 7,056,400, and the net assets were RMB 135 million; the operating revenue in 2017 was approximately RMB 119 million, with total profits. 10.7062 million yuan, net profit 7.7921 million yuan.

Binhai Jacques was established on August 13, 2008, registered capital of 80 million yuan (Jacques holds 100% of its equity), and is mainly engaged in the production and sales of chemical products such as phosphorus trichloride and phosphorus oxychloride. By December 2017 On the 31st, the total assets of Jacques-marine was about 243 million yuan, the total liabilities were 38.272 million yuan, the net assets were 204 million yuan, the operating revenue in 2017 was 207 million yuan, the total profit was 4,556,600 yuan, and the net profit was 4,419,600 yuan.

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