Yankuang Lunan Fertilizer Factory is the “three major bases” of Yankuang Group’s coal chemical industry development and production, technology research and development, and talent training. Relying on the enterprise, we have built the National Engineering Research Center for Coal Water Slurry Gasification and Coal Chemical Industry, the Shandong Provincial Hazardous Chemicals Lunan Production Safety Emergency Rescue Center and the Lunan High-tech Chemical Industry Park. The company has won more than 200 honorary titles at or above the provincial and ministerial levels, including the First Prize for National Science and Technology Progress Award, the China Chemical Technology Innovation Demonstration Enterprise, the Special Prize for Science and Technology Progress of the China Petrochemical Association, and the Shandong Province Management Quality Management Award. It is known as "China's New Coal Chemical Industry" 's cradle". The company has total assets of 4.032 billion yuan and 3,900 employees. The annual production capacity of leading products is 800,000 tons of urea, 200,000 tons of methanol, 100,000 tons of acetic anhydride, and 6,000 tons of dimethyl sulfoxide. Both urea and methanol are famous brand products in Shandong Province, and urea is a national inspection-free product and a Chinese famous brand product. In addition, the company also produces products containing polypeptide urea, long-acting slow-release fertilizer, liquid ammonia, industrial oxygen, pure nitrogen, pure argon, sulfur and other products. The company adheres to the four spirits of "hard work, co-organizing research, science and technology, and institutional innovation", and has successively undertaken 2 national scientific and technological research projects during the "Ninth Five-Year Plan" and "Tenth Five-Year Plan", and 3 national 863 plan projects, and successfully developed "new "Multi-nozzle (opposed) coal-water slurry pressurized gasifier", "Multi-nozzle (opposed) pulverized coal pressurized gasifier", "New Water-cooled Wall Gasifier", and participated in the development of "high-temperature and low-temperature coal indirect "Refining" and other new technologies that have reached the world's advanced level and have my country's independent intellectual property rights.

With a new starting point and a new leap forward, Luhua will shoulder the important responsibility of the "three major bases" for the development of coal chemical industry of the group company, give full play to the talents, technology and management advantages of coal chemical industry, aim at high-end, refinement and deep processing, and further Adjust the product structure, transform the development mode, accelerate the construction of the Lunan coal chemical base, and make new and greater contributions to the leapfrog development of Yankuang Group.

On May 2, 2012, the board of directors and general manager meeting of Yankuang Group Co., Ltd. decided to cancel the Yankuang Lunan Fertilizer Plant and Yankuang Cathay Acetyl Chemical Co., Ltd. Integrating the resources of Lunan Chemical Industry Park, Yankuang Lunan Chemical Co., Ltd. was established as a wholly-owned subsidiary of Yankuang Group Co., Ltd., with the functions and Personnel are included as a whole.