On December 30, Tianyuan Co., Ltd. announced that its wholly-owned subsidiary, Yibin Tianyuan Haifenghetai Co., Ltd., plans to invest 1.483 billion yuan in a new project with an annual production capacity of 100,000 tons of chlorination-based titanium dioxide, spanning a construction period of 24 months. The project will be funded through self-raised capital, with a payback period of 6.26 years (excluding the construction phase). The project will help expand the company′s overall titanium dioxide production capacity, enhance market competitiveness, and further increase the proportion of the new industry within the company. Additionally, it will deepen the company′s integrated circular industrial layout of "chlorine-titanium-phosphorus-iron-lithium," effectively achieving resource utilization of solid waste in line with the green development concept and the company′s strategic.