Recently, CNCEC-ECEC signed an Engineering Procurement Construction Management (EPCM) contract for Shandong Aigesen high-end phenolic, benzoxazine resin and specialty epoxy resin project. The project will establish production facilities with an annual capacity of 700,000 tons of high-end phenolic, benzoxazine resin and 200,000 tons of specialty epoxy resin-the largest single-train capacity in China. Additionally, a 270,000 tons formaldehyde production facility will be constructed as part of the project. The products will be widely used in high-end fields such as aerospace, 5G communications, and high-speed rail. Upon completion, the project will become China's largest single-train high-end resin production base, effectively reducing the country's reliance on imported high-end resin materials.