It's done! Hubei Yihua increased capital in Ningde Times Sun Company, in addition to iron phosphate, there are these projects
Cailian News Agency (Xiamen, reporter Li Zijian), Hubei Yihua (000422.SZ), which has "mines", has finally finalized its cooperation with Ningde Times (300750.SZ), which has "demands", on November 24 On the evening of June 1, Hubei Yihua disclosed a notice that the subsidiary and Ningde Times (300750.SZ) Sun Company jointly increased capital in Bangpuyihua to build projects such as iron phosphate precursors. An industry insider told a reporter from the Financial Associated Press that as far as Hubei Yihua is concerned, with the rising demand for lithium iron phosphate, the business can transform from the traditional phosphoric acid industry to new materials for lithium batteries, and the cooperation with Hubei Yihua is in line with the entire industry chain of the Ningde era. layout requirements.
Anunțul Hubei Yihua a declarat în mod expres că Yichang Bangpu, o companie subsidiară a Ningde Times Holdings, și Yihua Fertilizer Industry, o subsidiară a Hubei Yihua Holding, au majorat împreună capitalul Bangpu Yihua pentru prima dată. După această majorare de capital, capitalul social al Bangpu Yihua va crește de la 10 milioane de yuani Creștet la 100 de milioane de yuani, Yihua Fertilizer Industry a investit 35 de milioane de yuani, deținând 35 la sută din capitalul propriu al Bangpu Yihua, Yichang Bangpu a investit 65 de milioane de yuani, deținând 65 procent din capitalul propriu al Bangpu Yihua.
După finalizarea majorării de capital, Bangpu Yihua va construi și pregăti 300,000 tone/an precursor de fosfat de fier, 200,000 tone/an sulfat de nichel, 1,5 milioane tone/an mineral procesare, 2 800,000 tone/an acid sulfuric, 300,000 tone/an umed-acid fosforic procesat, 162,000 tone/an (pentoxid de fosfor) acid fosforic rafinat, precum și sprijinirea domeniului de depozitare temporară a gipsului de purificare și proiectul de utilizare cuprinzătoare a gipsului de purificare. În aceeași zi, Hubei Yihua a dobândit drepturile de utilizare a terenurilor pentru parcelele relevante din Parcul Industrial Baiyang.
Hubei Yihua is a manufacturer of chemical raw materials and chemical products. Its current important products include fertilizer products such as urea and diammonium, chlor-alkali products such as polyvinyl chloride and caustic soda, and fine chemical products such as pentaerythritol and hydrosulfite. Due to the rising market prices of the company's related products and the booming production and sales, Hubei Yihua made a profit of 1.487 billion yuan in the first three quarters, turning losses into profits year-on-year, of which the main business made a profit of 762 million yuan in the third quarter.
The company's current actual output of iron phosphate-related diammonium phosphate is 1.26 million tons, of which Hubei Yihua Fertilizer Industry Co., Ltd. has a diammonium output of 660,000 tons. Hubei Yihua Fertilizer Industry Co., Ltd., a wholly-owned subsidiary of Hubei Yihua Songzi Fertilizer Industry Co., Ltd. It has a diammonium output of 600,000 tons, a phosphoric acid output of 800,000 tons and a sulfuric acid output of 2 million tons.
In addition, the reserves of Jiangjiadun Phosphate Mine held by Hubei Yihua Holdings are 130-150 million tons, and the annual mining capacity will be about 1.8 million tons after completion. According to the company's recent institutional survey, Jiangjiadun Phosphate Mine invested in the joint venture established by the company and Ningbo Bangpu after the audit and evaluation. The reporter sorted out the announcement and learned that the joint venture refers to the above-mentioned Bangpu Yihua.
As far as Hubei Yihua is concerned, the iron phosphate industry chain has its advantages of logistics and integration. The raw materials of phosphoric acid include phosphate rock and sulfur, and more than 90 percent of the sulfur is currently imported. Since Yichang is backed by the Yangtze River for shipping, the logistics cost is relatively cheap compared to the inland. In addition, Hubei Yihua's main business is fertilizer products, and the residual acid in the process of manufacturing refined phosphoric acid can be used as fertilizer.
In fact, refined phosphoric acid and iron phosphate are used as raw materials for lithium iron phosphate. Under the high prosperity driven by downstream demand such as new energy vehicles, the capital market is also enthusiastic about them. The head listed company of phosphate rock resources, Xingfa Group (600141 .SH), Yuntianhua (600096.SH) and Hubei Yihua's stock prices rose and fell during the year, but their growth rates were still astonishing. Among them, Yuntianhua and Xingfa Group rose by about 274 percent and 258 percent . Hubei Yihua, due to the impact of the cycle, It rose nearly 682 percent .
