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ST Chenming: Company's Five Production Bases Fully Resume Production
People’s Financial News, March 13 — ST Chenming (000488) announced on March 13 that as of the disclosure date, the five major production bases in Shouguang, Zhanjiang, Huanggang, Jiangxi, and Jilin have fully resumed production. The company’s overall production capacity has returned to 100%. The full recovery of these five bases will effectively improve the company’s operating cash flow and gradually restore its self-sustaining capabilities. Moving forward, the company will strengthen cost reduction and efficiency improvement across the entire process and develop new products in all areas, continuously enhancing profitability and market competitiveness. This will help effectively mitigate the company’s debt risks and promote sustainable, stable, and healthy development.