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 the main board on August 25, 2008. Currently, the International Finance Corporation is the strategic shareholder of the company. The Group has 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. Mainly engaged in the production, research, development, promotion and distribution of chemical and fertilizer products. According to the business strategy of “using Sichuan as a domestic base, basic chemicals and fertilizer industries as the industrial foundation, relying on two advances in technology and management, and continuously expanding the comprehensive strength and market competitiveness of enterprises”, through ten years of development, the chemical industry has now begun to take shape and extend to the field of high-end technology, and has grown from the traditional chemical fertilizer and chemical product manufacturing industry to a new type of enterprise capable of developing and producing new technological products and serving ecological agriculture. The company extended its product chain to the upstream of the industry through the acquisition of phosphate mines in Sichuan Province (reserves of 0.117 billion tons), and built a new capacity expansion project for ammonia synthesis and urea plants in the Dazhou Chemical Industrial Park in Sichuan using abundant local natural gas resources. On August 17, 2010, Jiuyuan Group's Dazhou project with an annual output of 0.4 million tons of synthetic ammonia and 0.45 million tons of urea was officially put into operation. With the commissioning 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: the project with an annual output of 0.3 million tons of urea and 0.04 million tons of melamine is also under intense preparation. Excellent product quality and service have made the Group's product popularity continue to increase. The marketing network covers all provinces, cities and autonomous regions across the country, and successfully developed 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, the environment and society, and gave back to society.
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