China Cinda Asset Management Co., Ltd. and Anhui Liuguo Chemical Co., Ltd. signed an equity transaction contract on the Shanghai United Equity Exchange to transfer 51% of the equity of Jiangxi Guixi Fertilizer Co., Ltd. Accordingly, Jiangxi Guihua was officially merged into Anhui Liuguo Chemical Co., Ltd.

Jiangxi Guihua, formerly known as Jiangxi Guixi Fertilizer Factory, is a key "acid-fertilizer combination" project under the national "Seventh Five-Year Plan" and is also the first debt-for-equity swap company in my country's fertilizer industry. The company's annual production capacity is 130,000 tons of phosphoric acid, 1 million tons of diammonium phosphate, monoammonium phosphate, chlorine-based compound fertilizer, sulfur-based compound fertilizer, and BB fertilizer, and 200,000 tons of phosphogypsum cement retarder. The company is registered With a capital of 911.75 million yuan, its "Shi Dazhuang" brand is the first well-known Chinese trademark in China's high-concentration phosphorus compound fertilizer industry, and its product design and packaging that "serves farmers" has obtained a national patent. Anhui Liuguo Chemical Co., Ltd. is a key phosphate fertilizer enterprise in my country and the first listed company in the domestic fertilizer industry to introduce the concept of phosphate fertilizer. It has 8 subsidiaries and its "Liuguo" brand has been recognized as a well-known trademark in China. and Chinese famous brands.

The merger of Jiangxi Guihua into Liuguo Chemical is not only the integration of phosphate and compound fertilizer resources in the East China market, the reshaping of the brand, but also the integration of human resources and economic resources of two large domestic phosphate and compound fertilizer companies. It is of positive significance to the expansion and strengthening of my country's phosphate and compound fertilizer industry. As a result, Liuguo Chemical has become the only listed company in the industry with two well-known Chinese trademarks.