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The development strategy of Xingfa Group

Hubei Xingfa Chemical Group Co., Ltd. was established in 1994 and is located in Xingshan, Yichang City, Hubei Province, China, the hometown of Wang Zhaojun, the concubine of the Han Dynasty. It is a company specializing in phosphorus chemical products and fine chemical products. A listed company with development, production and sales as its main business, it has 26 holding subsidiaries and total assets of 6.731 billion yuan. The company was listed on the Shanghai Stock Exchange in 1999 with stock code 600141 and a total share capital of 435.39 million shares.

The company is China’s largest fine phosphate manufacturer and the world’s largest sodium hexametaphosphate manufacturer. Now it has 50 industrial grade, food grade, toothpaste grade, feed grade and other product series. Its leading products are exported to more than 30 countries and regions in Asia, Europe, the United States, Africa and other countries around the world. It has cooperated with the world's top 500 companies P&G, Henkel and United Laboratories. China and other international chemical giants have established strategic cooperative relationships.

The company continues to promote the reorganization and integration of phosphorus chemical resources and enterprises, completed the integration of phosphate mines and hydropower resources in Xingshan County, and consolidated the advantages of electromineralization. In recent years, the company has vigorously implemented the strategy of going global and has successively acquired local phosphate rock resources and deep processing enterprises in Shennongjia, Baokang and other places, and established large-scale production in Dianjiang, Chongqing, Anning, Yunnan, Yangzhou, Jiangsu, Liucheng, Guangxi and other places. The base has basically formed an integrated development pattern of "minerals, electricity and phosphorus".

The company further promotes management innovation, vigorously implements the famous brand strategy, and has passed the "four-in-one" management system certification of quality, environment, occupational health and safety, and HACCP. The "Xingfa" trademark has been recognized as "China's Well-known Trademark", "Xingfa brand" sodium tripolyphosphate was awarded China's famous brand product, industrial grade sodium hypophosphite was recognized as Hubei Province's famous brand product, and Xingfa brand phosphorus chemical series products were awarded Hubei Province's famous export brand.

The company continues to increase independent innovation and build a technological innovation platform with high standards. The company has been recognized as a national high-tech enterprise, the technology center has been recognized as a national enterprise technology center, and the testing center has been recognized as a national level Laboratory, Xingfa Group Yichang Chuphosphorus Industrial Park has been recognized as a national science and technology trade innovation base. Actively promoting clean production technology and constantly optimizing the development model of circular economy, the independently developed dimethyl sulfoxide waste salt and sodium hexametaphosphate polymerization tail gas comprehensive utilization technology has achieved major breakthroughs. The company has been awarded the title of Science and Technology Innovation Demonstration Enterprise in China's chemical industry.

In the next few years, the company will fully implement the Scientific Outlook on Development, adhere to the basic direction of fine chemicals, accelerate the implementation of related industry development and cross-regional restructuring and integration strategies, vigorously promote technological innovation and product upgrading, and strive to achieve industrial-grade Phosphorus chemical products are transformed to food grade and electronic grade, inorganic phosphorus chemicals are extended to organophosphorus chemicals, non-phosphorus fine chemical products are actively developed, energy conservation and emission reduction are continuously promoted, the resource utilization level of "four wastes" is comprehensively improved, and the construction of an international A first-class environmentally friendly fine chemical enterprise.