| We are one of the major coal-based urea producers with annualised designed production
capacity of approximately 1.1 million tonnes of urea in the PRC and with headquarters in Hebei
Province. According to Frost & Sullivan, we ranked No. 9 among all urea production companies in
the PRC in terms of both production capacity and revenue from sales of urea in 2016. In addition,
we ranked No. 3 and No. 11 in terms of revenue from sale of urea for industrial use and agricultural
use, respectively, among all urea production companies in the PRC in 2016. In 2016, in recognition
of our high occupational and production safety standard and our strong financial performance in
2015, we were accredited as “Safety Production Standardisation Second-Class Enterprise” and
“2015 National Top 20 Gross Profit Enterprise in Nitrogen Fertiliser Industry” by Safety
Production Supervision and Management Bureau of Hebei Province and China Nitrogen Fertiliser
Industry Association, respectively. For the detailed awards, please refer to the sub-section headed
“Business – Awards and Accreditations” of this prospectus. |