JD Capital-invested Xiangyun Group Listed on NEEQ


Recently, Hubei Xiangyun (Group) Chemical Industry (Xiangyun Group, 834607), invested by JD Capital, was officially listed on the National Equities and Exchange Quotations (NEEQ).

Xiangyun Group mainly engages itself in the production and sales of phosphate and compound fertilizer, with compound fertilizer and ammonium phosphate products accounting for over 90% of its sales revenue. Xiangyun Group is a key high-tech company of the National Torch Program certified by Torch High Technology Industry Development Center of the Ministry of Science and Technology. Years of rapid development has made Xiangyun Group a nationally well-known producer of phosphate compound fertilizer. It is the largest ammonium phosphate producer in China with an annual output of 1.2 million tons and an annual output of 150,000 tons of industrial grade ammonium phosphate. It’s the second largest producer of pyrite acid with an annual output of 600,000 tons. The company is among top compound fertilizer producers in China with an overall production capacity of 4 million tons.

China is a major producer and consumer of fertilizer. The fertilizer plays an irreplaceable role in promoting grain production and agricultural development. The demand for highly effective fertilizer will only grow as countries around the globe pay more attention to grain safety and the Chinese government attaches more importance to agricultural development. This creates a favorable environment for the growth of compound fertilizer industry. In addition, as farmers earn more income and become more aware of environmental protection, their needs for fertilizer are also changing. As a result, compound fertilizer is gaining more favor as it is easy to use, balanced in nutrients and friendly to the environment.

JD Capital became Xiangyun Group’s shareholder in 2011, holding 13.73% stake before the public transfer. So far, 50 of JD Capital’s invested companies have been listed on the NEEQ.