Hubei Xingfa Chemicals Group Co., Ltd. (hereinafter referred to XINGFA was established in 1994 and is located in Xingshan County, Yichang City, Hubei Province, the famous birthplace of Princess Wang Zhaojun who lived during the Han Dynasty under Emperor Ming. XINGFA is a Chinese company whose focus is developing, producing and marketing a series of phosphorus chemicals and fine chemicals. XINGFA was first listed on the Shanghai Stock Exchange (SSE) in 1999, under Stock Code: 600141, and ranks 399th among Fortune 500 Companies in China. Company assets total more than 20 billion RMB. In addition, XINGFA employs over 7,000 personnel and maintains 39 wholly-owned and holding subsidiaries. Through 20 years of hard work and development, XINGFA is now regarded as the largest Chinese manufacturer of fine phosphates.
XINGFA continuously holds the title for producing the most variety of fine phosphorus chemicals and for their distinct ability to compete in the Global Market as a Chinese enterprise. With a focus on development and innovation, XINGFA has built vast high-tech products chains and possesses the manufacturing capacity to produce more than 20 series (which includes more than 80 categories) of phosphorus products in Industrial, Food, Medical, Electronic and Fertilizer grades respectively. XINGFA is a leading advocate for reintegration processes between phosphorus resources and manufacturing capacity, and is the first Chinese company to establish “Ore, Electricity and Chemicals” operation mode in China. This philosophy has led to a multitude of achievements namely an electrical self-sufficiency rate of more than 50%.
By adhering to this “Stepping-out” strategy which is guided by the principle of “international market first, domestic market follows”, XINGFA has established a large number of subsidiary companies and branches in North America, South America, Europe, Southeast Asia, East China, South China and Central China. The company has also obtained European REACH Authentication enabling the creation of strategic cooperative partnerships with many Global Fortune 500 firms, such as Procter & Gamble, Dow and Unilever. This has allowed access to a unique and diversified global marketing network encompassing more than 110 countries and regions throughout Asia, Europe, the Americas, and Africa.