44.8 billion to build a new highland of energy cooperation

The sea breeze of Gulei Peninsula in Zhangzhou, Fujian is now mixed with the roar of welding flowers and machinery. Not long ago, the EO reactor with the largest diameter and heaviest monomer in the world landed smoothly here, marking a crucial step towards the completion and operation of the Zhongsha Gulei ethylene project by 2026.

This "Steel Forest" with a total investment of 44.8 billion yuan is the largest Sino foreign joint venture project in Fujian Province so far, and also a benchmark for cooperation between China and Saudi Arabia in the energy and chemical industry.

After the completion of the project, it is expected to produce 1.5 million tons of ethylene per year and drive an investment scale of nearly 200 billion yuan upstream and downstream.

It will greatly fill the production capacity gap of high-end chemical products in China, reduce external dependence, and have profound strategic significance for ensuring national energy and industrial chain security.

Why is a 0.1 second power outage a disaster

In the petrochemical industry, electricity is not only the driving force, but also the lifeline of safety. Production equipment has the characteristics of high temperature, high pressure, and flammability and explosiveness. Any momentary power fluctuation or power outage may cause reaction stagnation, equipment damage, and even serious safety accidents.

High reliability power supply is the "pacemaker" of petrochemical equipment. As the key power supply provider for the Zhongsha Gulei project, Kehua Data (002335. SZ) is well aware of the risks involved. This project brings together leading global technologies and has extremely high requirements for the purity and continuity of power supply. Kehua Data relies on nearly 40 years of accumulated power electronics technology to tailor high availability power solutions for projects, ensuring "zero interruption" of power in complex operating conditions.

Ranked first in market share for four consecutive years

Behind super engineering, there are often low-key 'hidden champions'. According to authoritative industry data, the UPS (uninterruptible power supply) products of Kehua Data have consistently ranked first in the market share of China's petrochemical industry for four consecutive years.

This deep participation in the Zhongsha Gulei project is another hard core confirmation of its technical strength. At the Gulei base, the equipment of Kehua Data is like a "security sentinel", guarding the stable operation of core devices.

According to the latest disclosed 2025 financial report, Kehua Data's annual revenue reached 8.16 billion yuan, with a year-on-year increase of over 30% in net profit. Its stable financial performance also provides a solid guarantee for the long-term service of major projects.

As the Zhongsha Gulei ethylene project enters its final sprint stage, the power system of Kehua Data will continue to provide support, not only helping to upgrade China's petrochemical industry, but also writing a reliable footnote for Chinese manufacturing in the new chapter of China Saudi Arabia energy cooperation.Editor/Yang Meiling