On February 24, Yida Co., Ltd. (300721.SZ) announced that its subsidiary, Taixing Yida Chemical Co., Ltd., had officially obtained the Jiangsu Province Investment Project Filing Certificate. The filed project is the annual production of 200,000 tons of propylene oxide (ethylene oxide) derivative products, with a total investment of 642 million yuan, and is scheduled to commence construction in 2026.

According to the announcement, upon completion, the project will establish an annual production capacity of 200,000 tons of high-end specialty alcohol ethers and alcohol ether esters, specifically including 155,000 tons of propylene (ethylene) glycol ethers and 45,000 tons of propylene glycol ether esters, covering 50,000 tons of wet electronic chemicals.