About DONGGUANG CHEM Company

Dongguang Chemical Co., Ltd. (the “Company”) and its subsidiaries (the “Group”) are one of the major coal-based urea producers in the People's Republic of China (“China”). It is headquartered in Hebei Province and has an annual urea design capacity of about 11 million tons. The Group has been operating in Hebei Province for over 40 years. The group's predecessor, Dongguang County Fertilizer Plant in Hebei Province (“Dongguang Chemical Fertilizer”), was first established in 1970 as a local state-owned enterprise, then privatized and restructured in July 1998. The Group has been operating in the urea industry since 2001, is an experienced market participant in the region, and has established long-term and stable relationships with customers in the industry. The Group has a long operating history, can develop production technology and improve management, and improve production efficiency by improving the quantity and quality of products and reducing costs. The Group's management team has rich experience and is familiar with the history and future trends of China's urea industry. The Group's main product is urea, and the uses of urea are broadly divided into agricultural and industrial uses. Urea is commonly used as a source of nitrogen in fertilisers, and it has a wide range of industrial uses, such as the production of adhesives, coatings, plastics, and cosmetics. The Group also produces and sells urea by-products, including automotive urea solutions, methanol, liquid carbon dioxide, liquefied natural gas, liquid gas and compound fertilizers. The Group has two production plants equipped with advanced production technology and are in operation in Dongguang County, Cangzhou City, Hebei Province. The production process also ensures compliance with China's environmental laws and regulations, and enhances production efficiency by maximizing the quantity and quality of products while reducing costs. The Group's production facilities are ideally located near Beijing and Tianjin and the Bohai Rim economic circle, close to major national highways, railways and major ports in North China (including Tianjin International Port and Huanghua Domestic Port). The close transportation network allows us to obtain timely and cost-effective coal supplies and deliver products to customers located in Beijing, Tianjin, Hebei and neighboring regions, including Heilongjiang, Inner Mongolia Autonomous Region, Jilin Province and Liaoning Province. For more information, please visit www.dg-chemical.com.