The Zhitong Finance App learned that China Heart to Heart Fertilizer (01866) rose nearly 4% at the end of the session. As of press release, it had risen 3.81% to HK$5.99, with a turnover of HK$2.014 million.

Heart to Heart Chemical Fertilizer issued an announcement. The subsidiary Xinjiang Heart to Heart to Heart is planning to build a 60,000-ton polyformaldehyde project. The total investment of the project is estimated at RMB 1.5 billion, and the construction period is about 3 years. After the project is put into operation, it will further extend the methanol industry chain and increase the added value of deep coal processing. It is in line with the “high resource conversion” base position of the Xinjiang base, which will help increase the Group's revenue and profits, and help enterprises move from large chemicals to high-end new chemical materials. Based on the above, the Board believes that the construction of this project is conducive to enhancing the overall interests of the Group.