Kunming Chuan Jin Nuo Chemical Co., Ltd. (hereinafter referred to as "Chuan Jin Nuo”) is a professional chemical enterprise engaged in phosphates production. Chuan Jin Nuo has successfully listed in the Shenzhen Stock Exchange IPO on March 15, 2016, stock code: 300505. Chuan Jin Nuo is founded in June, 2005, manufacturing base located in north-east district of Yunnan, known as the enrichment zone of low and medium grade phosphate ore in China. With total assets reaches to U.S. $160 million, Chuan Jin Nuo now has more than 1300 employees. Chuan Jin Nuo mainly produce three series of products which are Feed Grade Phosphates, Fertilizer Grade Phosphates and Industrial Grade Wet-process Purified Phosphoric Acid currently. The total output reaches 800,000 tons annually with annual revenues around U.S. $160 million; the new production base in Fangcheng Port of Guangxi is under construction, mainly produce Wet-process Purified Phosphoric Acid, Food Grade and Electronic Grade Fine Phosphates. The annual total amount of production and marketing will attain 300,000 tons with annual revenue around U.S.$ 320 million. Chuan Jin Nuo always attach great importance to the construction of professional talent team, to promote scientific and technological innovation. Based on the concentrated resources belt of sulfur, phosphorus, calcium and iron in Northeast of Yunnan Province, and with the continuous innovation and improvement on key technology such as the flotation of low grade phosphate ore, the extension of additional function of pyrites-produced acid, the cascade utilization of energy and the graded utilization on Wet-processed phosphoric acid, Chuan Jin Nuo has being improving the integrated industrial chain from pyrites-produced acid and phosphate ore flotation to the production & marketing of phosphates and phosphate fertilizer. It forms a unique production line mode combined with acid, fertilizer and phosphates, suitable for our own and insuring sustainable development. “A man cannot achieve anything without firm ideal; Goals will never be accomplished without integrity and honesty”. Chuan Jin Nuo always adhere to this attitude to managing enterprise, cooperating with domestic and international partners. Thus we have established strategic cooperation relationships with various stable social resource channels through these years. “Capital market promoting enterprise development” as a wholly-owned subsidiary of Chuan Jin Nuo, Guangxi Chuan Jin Nuo was founded in 2017. With the power of capital market, it has activated “Wet-process Purified Phosphoric Acid and Fine Phosphates Project” in the Economic and Technological Development Zone of Fangcheng Port with total investment of U.S. $ 380 million. Then, Chuan Jin Nuo will reach to the top of phosphorus chemical industry line and acquire long-team development by high and new technology innovation.