HBYH establishes a new trading company

According to the Qichacha APP, recently, Yidu Yihua Trading Co., Ltd. was established with a registered capital of 50 million yuan. The business scope includes: sales of machinery and equipment; sales of metal materials; manufacturing of non-metallic mineral products; solid waste management, etc. Qichacha's equity penetration shows that the company is wholly owned by HBYH

HBYH: Invest approximately 2.233 billion yuan to build a high-value utilization project for phosphorus and fluorine resources

HBYH's wholly-owned subsidiary Chuxing Ecological Technology Company plans to invest approximately 2.233 billion yuan to construct a high-value utilization project for phosphorus and fluorine resources. The project includes facilities for sulfuric acid production and wet-process phosphoric acid, with an expected construction period of 18 months. The funding sources will be raised funds and self-raised funds, aiming to optimize resource allocation, release production capacity potential, and align with the company's development plan. It is expected to have a positive impact on the company's financial condition and operating results

HBYH: Plans to issue no more than 3.3 billion yuan in convertible corporate bonds

HBYH announced that it plans to issue convertible corporate bonds to unspecified objects to raise no more than 3.3 billion yuan. After deducting issuance costs, all funds will be used for the high-value utilization project of phosphorus and fluorine resources, the 50,000 tons/year monoammonium phosphate project, as well as to supplement working capital and repay debts

HBYH established a new company, New Yi Technology, with a registered capital of 120 million

According to the Tianyancha App, recently, HBYH Xinyi Technology Co., Ltd. was established, with Wang Yu as the legal representative, a registered capital of 120 million RMB, and a business scope that includes the sale of chemical products, production of chemical products, import and export of goods, and sale of fertilizers. Shareholder information shows that the company is wholly owned by HBYH

The A-share pesticide and fertilizer sector saw a surge, with Liuguo Chemical hitting the limit up, and KMCJNC, HBYH, SD Lomon, Hongda Co., Ltd., and CXPC all rising