On December 1, the ignition ceremony of annealing furnace for Jinhai Stainless Steel 1.2Mtpy stainless steel solid solution and green product production line was successfully held. With the total investment of RMB800 million (USD114 million), the project includes the construction of three fully automated solid solution pickling lines with an annual output of 1.2 million tons of high-quality stainless steel solid solution pickling capacity. The project is equipped with a waste acid regeneration system, which is green and environmentally friendly. After the project is put into operation, it is expected to increase the output value by RMB4 billion (USD570 million).