Yuanxin Energy Stock Bar was originally the largest large-scale enterprise in China integrating trona development, mining and processing. The company relies on the resource advantages of Ordos to focus on building Wushenzhao Ecological Park and Mengda New Energy Base , completed the transformation of its main business, and the natural gas chemical industry has become the company's leading industry. The company's main production of soda ash, baking soda and other products has shifted to the main production of natural gas chemical products such as methanol, formaldehyde, dimethyl ether, and fine chemical products such as sodium methoxide and cyclopropylamine.

How about Yuanxing Energy?

1. From a company perspective

Company introduction: Yuanxing Energy is a company specializing in trona chemicals, coal chemicals, and natural gas. It is a modern energy and chemical enterprise with chemical industry as its leading role and new energy chemical industry, fine chemical industry and logistics industry as its development direction.

Highlight 1: Cost advantage

Yuanxing Energy’s natural alkali resources account for more than 95% of my country’s proven reserves. Compared with the ammonia-alkali method and the combined alkali method, Soda ash and baking soda produced by the trona method have obvious cost competitiveness. In addition, the company's subsidiary Boda Field uses coal chemical integration to produce urea products. Compared with before, the transportation cost of raw materials is much lower, making coal-based urea products also have a certain cost advantage.

Highlight 2: Advantages of process technology

The unique production process technology of this company's products has obtained independent intellectual property rights. It has achieved more than 50 scientific and technological achievements, among which, it has won the national invention 3 patents and 18 national utility model patents. The main research and development content has been transformed into scientific and technological achievements, which have demonstrated good economic and social benefits in terms of improving product quality, product added value, energy saving and consumption reduction, and comprehensive utilization of resources.

Highlight Three: Industry Status

Yuanxing Energy is currently the only company in my country that still uses the trona method to produce soda ash and baking soda. Its soda ash production capacity ranks fourth in the country, and Accounting for about 7% of the entire industry. Baking soda production capacity ranks first in the country, accounting for about 40% of the entire industry. The production costs of its trona-based soda ash and baking soda are very competitive in this industry, and soda ash and baking soda are the company's main sources of profit.

2. From an industry perspective

The high prosperity of the soda ash industry can also be continued. Yuanxing Energy’s trona method is very advantageous in terms of cost. Judging from the distribution of soda ash production capacity in my country, there are 13 companies with soda ash production capacity of more than 1 million tons in my country, with a total production capacity of 21.1 million tons, which accounts for 63% of the national production capacity. Compared with The production base is relatively scattered. Among them, only Zhongyuan Chemical (a subsidiary of Yuanxing Energy) has the production capacity of trona process. In addition, Yuanxing Energy plans to acquire a 9.5% stake in Yingen Mining held by Miduo Energy for 1.11 billion yuan. Yingen Mining Company's supporting project with an annual output of 7.8 million tons of soda ash and an annual output of 800,000 tons of baking soda has obtained project filing documents and met the conditions for project construction. If Shunli obtains a controlling stake in Yingen Mining in the future, the company's soda ash production capacity will increase from 1.8 million tons to 9.6 million tons, and the supply pattern of my country's soda ash industry will also undergo certain changes.

In general, Yuanxing Energy is a good company in the chemical industry, and it has a very high probability of becoming the leading company in my country's soda ash industry.