On May 21, Yongrong Holding Group's subsidiary, Yongrong Technology, announced the full line completion of its 30,000-ton/year caprolactam-to-hexamethylenediamine project on May 20. The project achieved a successful one-time startup and produced high-quality hexamethylenediamine products. This milestone marks the development of a brand-new process route by Yongrong Holding Group in the field of key raw materials for nylon 66, taking a critical step toward breaking the long-term technological monopoly abroad and ensuring the security of the domestic nylon industrial chain. Chempricehub provides an analysis on caprolactam, with a bullish-bearish rating of 1: The commissioning of Yongrong Holding's 30,000-ton/year caprolactam-to-hexamethylenediamine project adds a new downstream demand channel for caprolactam, expands its application scenarios, provides positive support for spot caprolactam prices, and the breakthrough in related processes also helps boost industry chain demand expectations.