Chengdu Wintrue Holding Co., Ltd.

Company Profile

(I) Industry Chain Advantages The Company adheres to the “resources + industrial chain”strategy,continuously improving nitrogen and phosphorus industrial chains. The advantages of vertical integration have gradually become evident, as the company continues to unlock the benefits of resource self-sufficiency, industrial synergy, and economies of scale, thereby steadily enhancing its market competitiveness and risk resilience.. In terms of the nitrogen industry chain,increased annual production capacity of synthetic ammonia from 250,000 tons to 700,000 tons, and it has achieved self-sufficiency in major nitrogen fertilizer raw materials, including urea solution, ammonium chloride, and ammonium nitrate slurry,further enhancing the guarantee capacity of nitrogen fertilizer raw materials. Leveraging its salt mine resources, the Company has extended into a "salt-alkali-fertilizer" salt-chemical recycling chain, expanding into the salt chemical and soda ash chemical sectors. In terms of the phosphoric industry chain, the company has an existing and under-construction phosphoric acid production capacity exceeding 1 million tons, comprising 800,000 tons of wet-process phosphoric acid and 220,000 tons of thermal-process phosphoric acid under construction. 1.wet-process phosphoric acid:relying on its own phosphate ore and graded utilization technology of wet-process phosphoric acid, the company has built an industry chain of "phosphate ore – wet process phosphoric acid – refined phosphoric acid/industrial grade monoammonium phosphate – iron phosphate/phosphate compound fertilizer". On the one hand, self-produced phosphoric acid can used as a raw material for phosphate compound fertilizer. On the other hand, 85% refined phosphoric acid is produced through concentration, extraction and purification for the production of iron phosphate or direct external sales.At the same time,the low-concentration phosphoric acid and slag acid rich in various trace elements are used in phosphate compound fertilizers tailored for soil improvement and crop growth,maximizing the comprehensive utilization benefits of phosphorus resources. Additionally,the upstream of the wet-process phosphoric acid production lineis equipped with sulfur fine sand and sulfuric acid production capacity from sulfur,,ensuring a high degree of self-sufficiency in sulfuric acid raw materials. 2.Thermal phosphoric acid: The company is constructing thermal phosphoric acid production lines at its bases in Jingzhou and Yicheng, Hubei Province.Once put into operation, , they will connect the "phosphate ore – yellow phosphorus – thermal phosphoric acid – phosphates" industry chain, which can better meet the demands of high-end fields such as food-grade and electronic-grade phosphoric acid and new energy materials,and complement wet-process phosphoric acid, enhancing the synergy effect. (II)Resource Advantages The company has abundant and high-quality phosphate and salt mineral resources, which are the important foundation for the future self-sufficiency and stable supply of nitrogen and phosphorus raw materials.1. The company's total reserves of phosphate ore resources is about 549 million tons,with a designed mining scale of 10.90 million tons/year (including 6.90 million tons/year of capacity under construction). In addition, the company holds a 49% stake in the Erba phosphate mine, which has phosphate ore resources of 29.271 million tons and an under-construction phosphate ore mining scale of 0.50 million tons/year. Once these phosphate mining projects are put into operation, they will fully ensure the stable supply of phosphate ore raw materials required for the company's production, further leverage the advantages of coordinated development of wet process and thermal phosphoric acid, and enhance the market competitiveness of the company's products. 2. The company's well salt reserves have reached 250 million tons, with a mining scale of 2.50 million tons/year, providing strong cost control and risk resistance capabilities for the company's salt products and soda ash products. (III)Advantages of Graded Utilization of Phosphoric Acid Relying on its extraction and purification technology for wet process phosphoric acid, the company has built a full industry chain of "phosphate ore - wet process phosphoric acid - refined phosphoric acid/industrial grade monoammonium phosphate - iron phosphate/phosphate compound fertilizer". Through the graded utilization of phosphoric acid at different concentrations, the company produces refined phosphoric acid, industrial grade monoammonium phosphate, water-soluble monoammonium phosphate, iron phosphate, and compound fertilizers, achieving efficient and high-value utilization of phosphorus resources. The company has mastered two wet process phosphoric acid process technologies: the semi-water method and the di-water method. While ensuring a stable supply of phosphoric acid, these technologies match the diverse demands of downstream products, maximizing the comprehensive utilization benefits of resources. (IV) Leading new fertilizer technology (nitro and water soluble fertilizer) The Company has grasped the core technologies of new fertilizers such as nitro-compound fertilizer, water-soluble fertilizer, agricultural ammonium potassium nitrate and fertilizer-grade ammonium polyphosphate; it has participated in the drafting of 1 international standard related to fertilizers, 3 national standards (1 under research), 4 industry standards (1 under research), and 19 group standards(7 under research),participated in the implementation of the “13th Five Year Plan” and “14th Five Year Plan” national key scientific and technological research and development projects, and obtained nearly 500 invention and utility model patents. All of the achievements above contribute to its leading status in new fertilizer R & D industry. Among them, the international standard ‘General Requirements for Water soluble Fertilizers’ revised based on the company led drafting of ‘Water soluble Fertilizers’ (Standard Number: HG/T4365-2012) has been officially implemented in global, demonstrating and leading the progress of products and technologies in the global water soluble fertilizer industry. (V) Compound fertilizer brand and channel advantage 1. Brand advantage. The company has established a matrix of two core brands – "Yuntu Guihu", a brand for soil cultivation, and "GARSONI", a brand for efficiency improvement,to create leading brands in their respective segments. In addition, the company has developed "SOUPRO", a brand focused on quality improvement,jointly launched "Doctor Ground"brand for farmer support, in partnership with China Post, forming a multi-tiered, broad-coverage brand ecosystem. The company's "Yuntu Guihu" and "GARSONI" brands have been recognized as China's Famous Trademarks and AAAAA-level well-known brands in the agricultural means sector; "Doctor Ground" has also been granted China's Famous Trademark. 2. Channel advantage. With over 30 years of experience in rural market, the company has established a diversified channel system featuring the coexistence of "traditional, new type, and professional"channels,marketing network,covering 32 provinces, with more than 6,000 dealers and over 100,000 retail outlets at town and village levels.The company adopts a marketing model similar to that of consumer goods, systematically integrating and upgrading its compound fertilizer channels, promoting the transformation of channels from "product distribution" to "comprehensive services", and consolidating its leading position in the domestic compound fertilizer industry. At the same time, taking Southeast Asia as its strategic starting point, the company has established marketing networks in countries such as Vietnam, Thailand, and Malaysia, and is accelerating its expansion into emerging markets such as Singapore, gradually building a global channel layout.