Hubei Yihua Group Co., Ltd. (referred to as: Yihua Group) founded in 1977, now is a large scale state-owned key enterprise with nearly 30,000 employees. Yihua Group owns 31 manufacturing plants in Hubei, Xinjiang, Inner Mongolia, Qinghai and etc. It holds a listed stock company named Hubei Yihua (000422.sz). The leading industries are coal-based chemicals, chlor-alkali chemicals, phosphate based chemicals and fine chemicals. It also develops mining, chemical machinery, green new materials and so on. The annual output reaches RMB 50 billion, and exported amounted $600 million to over 32 countries and regions worldwide yearly.

       In the next 3-5 years, Yihua Group will sustain the new development principles, focus on developing new energy, new materials, advanced chemicals and high-efficiency fertilizers. Yihua will endeavour to build the first-class phosphorus fluoride chemical enterprises in Asia along with green new materials and world-class light curing coating base, so to achieve the target of yearly volumes of RMB100 billion.