In August, Hubei Yihua relocated and upgraded the production line with an annual capacity of 200,000 tons of refined phosphoric acid and 650,000 tons of ammonium phosphate. Under the guiding principles of President Xi Jinping’s Protection of the Yangtze River, Yihua realized the transformation and upgrading in phosphorus chemical industry.

In July, Hubei Yihua completed the additional stock issuance of 2022, and added 160 million shares to be listed on the Shenzhen Stock Exchange, raising a total of 1.584 billion yuan.