Hubei Yihua New Materials Technology Co., Ltd. is located at No. 399, Yiting Avenue, Yiting District, Yichang City, it was established in 1977. It is a state-owned listed company and a core subsidiary of Hubei Yihua group. The company's shares were listed on the Shenzhen Stock Exchange in August 1996 (000422. SZ), known as the first share of nitrogen fertilizer in China. The company consists of three independent legal entities: Hubei Yihua Chemical Co., Ltd., Yichang Yihua Pacific Thermal Power Co., Ltd. and Hubei Yihua fertilizer Co., Ltd. It covers an area of 1700 Mu and has more than 2800 employees. It has 7 branches of insurance powder, urea, energy, ammonium phosphate, sulfuric acid, chlor alkali and thermal power, 11 functions of safety, environmental protection, enterprise management, office, production, equipment, electric control, finance, comprehensive sales, material procurement and logistics, and 1 project department. The company is mainly engaged in chemical fertilizer and chemical products. The existing leading product capacity is 350000 tons of synthetic ammonia, 100000 tons of caustic soda, 100000 tons of insurance powder, 660000 tons of diammonium phosphate, 1.2 million tons of sulfuric acid, 300000 tons of phosphoric acid, 100000 tons of caustic soda and 120000 tons of PVC. The project under construction has an annual output of 20000 tons of trimethylolpropane, which is expected to be officially put into operation in July 2020. The large-scale project with an annual output of 550000 tons of ammonia alcohol and supporting boilers has been in the preliminary preparation stage and will break the ground in 2020.