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. In 2023, the annual output reaches RMB 50 billion, and exported amounted $600 million to over 32 countries and regions worldwide yearly.