On June 24, Yonfer Agricultural Technology Co., Ltd. (hereinafter referred to as " Yonfer ") signed an investment agreement with the People's Government of Huaishang District, Bengbu City, Anhui Province, and plans to invest in the construction of a 1 million tons/year new crop special fertilizer project in the Huaishang Chemical Park in Bengbu. This move marks an important step for Yonfer in optimizing the national production capacity layout and enhancing its competitiveness in the middle and lower reaches of the Huaihe River.

Song Jian, Vice Chairman of the Bengbu CPPCC and Secretary of the Huaishang District Committee, said at the signing ceremony that it took less than two months from the first contact between the two parties to the signing of the project, achieving a new breakthrough in the efficiency of investment promotion and negotiation of major projects in Huaishang District. It is hoped that Yonfer and Huaishang District will work together to strive for the fastest project start, the fastest project commissioning, and the fastest project benefits!

Proudly listed as the top one in China’s NPK industry, Yonfer covers a business scope of R&D, production and marketing of NPK, MAP, new energy materials, fine chemicals and phosphogypsum-based building materials. Boasting with a reserve of 500 million tons phosphate rocks and 11 production bases across China, Yonfer has reached an annual production capacity of 9.8 million tons of various high concentration phosphate and compound fertilizers. Sticking to the strategy of building our core competitiveness based on premium products and outstanding service, Yonfer has established a sound sales network including 220 agronomists, 800 sales specialists, 5500 regional distributors and 70000 retailers, lending great support to China’s food security and green agriculture development. With more than 8000 employees and total assets exceeding 2.4 billion USD, Yonfer has also been awarded as National High Tech Enterprise, Leading Fertilizer Companies, Top 500 Private Enterprise and Top 500 Manufacturing Enterprise in China.

From wechat Yonfer