The company was approved by the Shaanxi Provincial People's Government on August 15, 1997, co-founded by 18 legal entities, and listed on the small and medium board of the Shenzhen Stock Exchange on January 26, 2007. In 2006, Xinghua Group, the original controlling shareholder of the company, was transferred as a whole to Yanchang Group, and the company became a listed company in the chemical sector under Yanchang Group. The main business is the production and sale of chemical products. The company's main products are synthetic ammonia, methanol, methylamine, DMF, ethanol, and methyl acetate made from coal. Corporate honors: It has successively won honorary titles such as “Top Ten Provincial Profit and Tax Industrial Enterprises”, “Shaanxi Economic Star Enterprise”, “National Top 100 Chemical Enterprises”, and “95 National Advanced Chemical Environmental Protection Units”.