Hubei Yihua Chemical Industry Co., Ltd.

Hubei Yihua Group Co., Ltd. was founded in 1977 and is now one of the most infusive top ten representative enterprises in China′s petrochemical industry and the biggest manufacturer of chemical fertilizer. It holds two listed companies, four joint ventures and more than twenty subsidiary companies locating in Hubei, Hunan, Yunnan, Chongqing, Guizhou, Sichuan, Inner Mongolia, Xinjiang and other provinces and municipalities of China. Yihua focuses on coal based chemical industry, phosphorus based chemical industry, salt based chemical industry and mine development. These four backbone scopes account for the most of its fifty products.

The total assets of the Group is 3.3 billion U. S. dollars and its employees sum to 30, 000. The turnover of 2007 is 2.4 billion U. S. dollars, of which 200 million U. S. dollars is export amount. Yihua ranks the 280th in the Top 500 Chinese Enterprises. The group was awarded "National Outstanding Grass-roots Party Unit" and "Excellent Leadership in State-owned Enterprises of China".

Yihua is the largest manufacturing base of pentaerythritol with an annual output of 110, 000 tons. It covers 70% of the Chinese domestic market. Yihua Group succeeded in the development of di-pentaerythritol, TMP, di-TMP, becoming the biggest manufacturer of polyalcohol products.

Yihua is the biggest well-salt enterprise in Asia, with a productive capacity of 2, 000, 000 tons of vacuum-process salt per year.

Yihua is the biggest manufacturer of synthetic ammonia and urea in China, producing 4, 200, 000 tons of synthetic ammonia, 4, 500, 000 tons of urea, 500, 000 tons of methanol per year. "Hubei Yihua Stock Co., Ltd. ", the core company held by the Group, was honored "the First Listed Company of Nitrogen Fertilizer " when it entered the stock market in 1996.

During the period of "China′s 11th Five-year Plan for National Economic and Social Development (2006-2010)", Yihua Group will further concentrate on the coal-based, phosphor-based and salt-based chemical industries. For coal-based chemical industry, it will reach an annual capacity of 5, 000, 000 tons of urea, 3, 000, 000 tons of methanol and 200, 000 tons of polyalcohol products, bringing up Yihua the biggest manufacturer of urea and polylol. For phosphor-based chemical industry, it will be the biggest production base with an annual output of 5, 000, 000 tons of phosphorus compound fertilizer. For salt-based chemical industry, it will keep the position of the biggest united-alkali-process producer with an annual production of 2, 000, 000 tons of calcined soda, 1, 000, 000 tons of PVC and 1, 000, 000 tons of caustic soda. Its turnover of the year of 2009 shall reach 4.5 billion U. S. dollars and 8 billion U. S. dollars of 2012. Following a Chinese proverb, "Minor progresses forward, enormous successes ahead ", Yihua Group is determined to actualize its target "Drive into the top 100 enterprises of China and build up a 100-year-old corporation ".