QINGHAI YIHUA CHEMICAL CO., LTD

Qinghai Yihua Chemical Co., Ltd. is the first large-scale chemical enterprise registered in Qinghai in June 2009 by Hubei Yihua Group in response to the national call for western development, based on the needs of Yihua Group's chlor alkali chemical development strategy, and fully leveraging the advantages of Qinghai resources. It is a key investment attraction enterprise in Qinghai Province. The company is located 28 kilometers north of Ningzhang Road in the northern suburbs of Xining City, Qinghai Province. It is 33 kilometers south of the provincial capital Xining City, and the production plant is 40 kilometers away from Xining Railway Station. It has a dedicated railway line, and the Ningda Highway and Ningda Expressway pass by the factory, giving it a unique geographical advantage and convenient transportation.Its parent company, Hubei Yihua Group Co., Ltd. (referred to as Yihua Group), originated from the Yichang Regional Chemical Plant established in 1977. It is a key state-owned enterprise under the supervision of the State owned Assets Supervision and Administration Commission of Yichang City, and is known as the eldest son of Yichang Industry . It currently has more than 30000 employees. Yihua Group has established over 30 research and development centers and production bases nationwide, and has two listed companies, Hubei Yihua (000422. sz) and Shuanghuan Technology (000707. sz). We have a reserve of 4.5 billion tons of various mineral resources such as coal mines, phosphate mines, and salt mines, with an annual mining capacity of nearly 40 million tons. The current leading products and annual production capacity are: 2.2 million tons of urea, 2.3 million tons of phosphorus compound fertilizer, 1.1 million tons of ammonium chloride, 60000 tons of pentaerythritol, 140000 tons of PVC14, 1.1 million tons of soda ash, 810000 tons of caustic soda, TMP2 million tons, and 24000 tons of base liquor. The product is popular in multiple countries and regions both domestically and internationally, including India, Pakistan, Russia, and Southeast Asia, and enjoys a good reputation in the market.Qinghai Yihua has a total investment of 3 billion yuan, covering an area of 1025 acres, with an annual production of 450000 tons of calcium carbide, 300000 tons of PVC3, and 300000 tons of caustic soda. The project started construction in March 2010 and reached production and standards in April 2011. At present, all devices in the company are operating normally. The