Jiuyuan Chemical (Group) Co., Ltd. was incorporated in the Cayman Islands in 2002, listed on the GEM of the Hong Kong Stock Exchange on July 10, 2003, and successfully transferred from GEM to Main Board on August 25, 2008. Currently, IFC is a strategic shareholder of the company. The group owns six wholly-owned subsidiaries in mainland China, namely Sichuan Jiuyuan Agricultural Chemical Co., Ltd., Chengdu Jiuyuan Chemical Co., Ltd., Chengdu Jiuyuan Compound Fertilizer Co., Ltd., Dazhou Jiuyuan Chemical Co., Ltd., Qingdao Jiuyuan Chemical Co., Ltd., and Sichuan Chengyuan Chemical Co., Ltd., with total assets exceeding 3.3 billion yuan. It is mainly engaged in the production, research, development, promotion and distribution of chemical and fertilizer products. According to the business strategy of “using Sichuan as the domestic base, the basic chemical and fertilizer industry as the industrial base, and relying on two advances in technology and management to continuously expand the comprehensive strength and market competitiveness of enterprises”, through ten years of development, the chemical industry has now begun to take shape and expand into high-end technology fields, and has grown from the traditional chemical fertilizer and chemical products manufacturing industry to a new enterprise capable of developing and producing new technological products and serving ecological agriculture. Through the acquisition of phosphate mines in Sichuan Province (with reserves of 117 million tons), the company extended its product chain to the upstream of the industry, and at the same time used abundant local natural gas resources to build a new capacity expansion project for ammonia and urea plants in the Dazhou Chemical Industrial Park in Sichuan. On August 17, 2010, Jiuyuan Group's Dazhou project with an annual output of 400,000 tons of synthetic ammonia and 450,000 tons of urea was officially put into operation. With the launch of this project, the Group's product chain will be further expanded downstream, laying a solid foundation for the Group to achieve leapfrog development. The second phase of the Dazhou project: a project with an annual output of 300,000 tons of urea and 40,000 tons of melamine is also being intensively prepared. Excellent product quality and service have made the Group's product popularity continue to rise. The marketing network covers all provinces, municipalities and autonomous regions of the country, and successfully expanded foreign markets to Southeast Asian countries in 2005. In the process of steady operation and development, the company has assumed due social responsibility, paid attention to the relationship between the enterprise and the environment and society, and gave back to society.
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