Connect industries, chain the future! After Double Ten Day, with digital and efficient operation of the phosphorus chemical industry as the guide, a team led by IBI Chairman Liu Quan, FDD CEO Yin Haifeng, FDD strategic partner Lu Wen, Honghu Zhiyuan founding partner and risk control head Xu Hai, and FDD Vice President Xiong Hongguo among other company leaders, embarked on a journey along the agricultural supply chain, once again to empower industry expansion.——

• Visited Hubei Zhongfu Chemical Group to strengthen the construction of Yichang Phosphate Cloud Factory

• Visited Hubei Xingfa Chemical Group (600141.SH) to discuss digital supply chain cooperation

• Visited Hubei Liuguo Chemical Co., Ltd. (600470.SH) to explore comprehensive business expansion and cooperation

• Visited Hubei Ezhong Eco-Engineering Co., Ltd. to discuss cooperation within the phosphorus chemical industry chain

• Visited Hubei New Yangfeng Group (000902.SZ) to discuss cooperation in agricultural supply chain operations

• Signed a strategic cooperation agreement for the FDD headquarters economic project with Zigui County

• ……

  
  

Under the concern and attention of industry chain enterprises and government units, the entrepreneurial steps of the Duoduo platform have left a clear mark on Jingchu land.

Location: Yichang

At 4:00 PM, the plane landed at Yichang Airport. Without pause, the inspection team immediately drove to the strategic cloud factory cooperation partner—Hubei Zhongfu Chemical Group Co., Ltd. (Maolong Zhongfu) for inspection and research. That evening, Chairman Liu Quan and his delegation visited workshops, warehouses, sample rooms, and offices, gaining in-depth understanding of Maolong Zhongfu’s phosphorus resources, production line status, process systems, technological reserves, safety, and environmental protection situations, and had work discussions with core partners.

On October 12, Maolong Zhongfu General Manager Yin Daihuang, Maolong Zhongfu Executive Director Chen Xin, Maolong Zhongfu Executive Vice General Manager Wang Liangshan, Maolong Zhongfu Deputy General Manager Fu Kaiyu, Hengyi Zhongheng General Manager Lin Li, Executive Vice General Manager Wu Lixin and other middle management warmly received Chairman Liu Quan and his delegation, deeply visiting the Maolong Zhongfu Cloud Factory site, understanding the progress of digital factories and current production situations, and had deep exchanges and communication about future development.

Hubei Zhongfu Chemical Group Co., Ltd. (Maolong Zhongfu) is a long-standing chemical enterprise integrating the mining, selection, and processing of phosphate, combining mineral fertilizers and mineral chemicals, committed to efficiently utilizing phosphate resources, developing phosphorus chemical circular economy and green production. It currently has a production scale of refined acid (85%) at 70,000 tons/year, monoammonium phosphate (60%) at 150,000 tons/year, industrial monoammonium phosphate (73%) at 30,000 tons/year, compound fertilizer at 300,000 tons/year, phosphate rock at 250,000 tons/year, sulfuric acid at 430,000 tons/year, occupying 500 acres. Maolong Zhongfu officially joined the IBI Duoduo Cloud Factory system this January and specifically carries out Maolong Zhongfu's supply chain operation and digital construction through the jointly established FDD Cloud Factory (Yichang) Technology Co., Ltd. by its shareholder parties.

Maolong Zhongfu General Manager Yin Daihuang stated: Maolong Zhongfu highly values the strategic cooperation with the FDD platform, and since joining the Duoduo Cloud Factory system, the production line is operating at full capacity, with everyone being very enthusiastic.

FDD CEO Yin Haifeng stated: As a full-industry-chain internet platform for agricultural resources, FDD is dedicated to the deep integration and innovative development of new technologies like the internet, IoT, big data, AI, and agricultural resource industry chain entities. The core value of the Cloud Factory lies in assisting production enterprises optimize supply chain operations and digital factory construction through the platform’s aggregation capabilities and technical advantages, thus promoting cost reduction and efficiency.

Finally, IBI Chairman Liu Quan praised the phase operation effects of the FDD Yichang Cloud Factory, indicating that there will be active support for the deep cooperation between FDD and Maolong Zhongfu Cloud Factory, and put forth requests for fast efficiency in the one-stop operation and digital factory construction of the FDD Yichang Cloud Factory.

Location: Yidu

Due to the accelerated industrialization process worldwide, resources and energy are massively consumed, and environmental protection pressures are increasingly significant. The development trend of the world phosphorus chemical industry is undergoing profound changes; internationalization and large-scale development are the new trends for the phosphorus chemical industry, while refinement and specialization are its new features.

On the morning of October 13, the inspection team drove to Yidu and engaged in a lively meeting in the conference room with the parent company of Yidu Xingfa Chemical Co., Ltd., Hubei Xingfa Chemical Group (Stock Code: 600141.SH), discussing cooperation in digital construction for one of the largest local phosphorus mining enterprises.

Hubei Xingfa Chemical Group Co., Ltd. (Stock Code: 600141.SH) was established in 1994 and is a listed company focusing on the development, production, and sales of phosphorus chemicals and fine chemical products. Under the group, there are Yichang Yinhai Mining, Zhongke Xinxing (Yichang) New Materials, Yichang Xingfa Foreign Trade, Hebei Ruitou Leasing, Inner Mongolia Xin Nongji Technology, Hubei Ruitai Engineering Management, Yichang Gezhouba Chemical, Yichang Xinghe Chemical, Yichang Xingxing Blue Sky Technology, Shennongjia Xingshen Development, Beijing Chengnan Cheng Trade, Hong Kong Xingfa Group Trade, and other 31 affiliated companies. The group involves two fertilizer production companies, among which Yidu Xingfa Chemical has annual production capacity of 1 million tons of diammonium phosphate, 250,000 tons of monoammonium phosphate, 250,000 tons of superphosphate, 200,000 tons of compound fertilizer, and the Yidu Xingfa-participated Henan Xingfa Haolida has an annual compound fertilizer production capacity of 300,000 tons. Main brands, such as Xingfa, Gezhouba, Fulin, Hejiawang, are well-received by farmers.

When meeting with the inspection team, Xingfa Group Vice General Manager and head of the phosphorus mining and fertilizer sector Yang Tiejun stated: Xingfa Group is the local leader in the phosphorus mining industry and also a leader in the growth of the phosphorus chemical sector. By mastering high-tech, high-added-value high-end industry chains, it adheres to the development direction of “refinement, specialization, high-end, and greening”. The group hopes to explore enterprise transformation and upgrading cooperation with IBI; he also pointed out the hope for mutual empowerment with IBI and mutual assistance in promoting solid ground for industry internet construction in Jingzhou land.

FDD CEO Yin Haifeng noted: After years of development, China’s phosphorus chemical industry has developed from initial processing of yellow phosphorus to deep processing of fine phosphates, essentially forming a complete supporting industrial system encompassing research, design, equipment manufacturing, production, trade and technical services, with a rational trend in industrial layout and product structure adjustment. Market competitiveness continues to strengthen. IBI has cultivated multiple industry internet platforms, possessing numerous advantages in promoting enterprise digital construction. She hopes that both parties can combine strengths to create exemplary cases for the implementation of industry internet.

After the visit, Chairman Liu Quan instructed that FDD should expedite the implementation of cooperative projects, interact closely with each partner, and collaboratively build and share the industrial internet ecosystem.

Location: Dangyang

At noon on October 13, with the autumn breeze, the inspection team headed northward…

In the afternoon, the inspection team arrived in Dangyang. During the golden autumn, with refreshing breezes, Hubei Liuguo Chemical Chairman and General Manager Han Fan, and Hubei Liuguo Executive Vice General Manager Zhang Yong received the delegation.

Hubei Liuguo Chemical Co., Ltd., founded in December 2004, originally named Yichang Xinguan Chemical Co., Ltd., underwent asset restructuring on March 18, 2010. It now has shareholders including Anhui Liuguo Chemical Co., Ltd., Yichang Baoshishan Mining Co., Ltd., and Yichang Mingzhu Phosphate Chemical Industry Co., Ltd. The controlling company Anhui Liuguo Chemical Co., Ltd. is a listed company (Stock Code: 600470.SH). The company currently has a registered capital of 150 million yuan, occupying over 600 acres, employs over 500 people, and is a large chemical enterprise producing fine phosphates and high-concentration phosphate fertilizers.

During exchanges with the inspection team, Hubei Liuguo Chemical Chairman and General Manager Han Fan stated: How to seize the “Internet +” great opportunity under China’s new economic normalcy has become a focal point of attention across all societal sectors, and Hubei Liuguo Chemical Co., Ltd. is also prepared to vigorously develop new exploratory internet agriculture. IBI is a leader in the industry internet direction, with its FDD platform having extensive influence in establishing stable supply chains and sales channels, holding deep cooperation potential with Liuguo Chemical.

FDD CEO Yin Haifeng explained: Currently, the platform is vigorously promoting a smart supply chain plan with core enterprises of the industry chain as key partners, and Hubei Liuguo Chemical is an ideal partner for the platform in this direction.

Chairman Liu Quan instructed FDD to strengthen and deepen strategic discussions on the existing cooperation foundation, making collaborative efforts for innovative operations of the industry chain based on the industry internet platform, hoping for more comprehensive business collaboration in the future, striving to contribute to the construction achievements of Hubei Liuguo Chemical.

Location: Jingmen

On October 14, Chairman Liu Quan, FDD CEO Yin Haifeng, FDD strategic partner Lu Wen and the inspection group arrived in Jingmen. On the morning of the 14th, the inspection group was warmly received by Hubei Ezhong Eco-Engineering Co., Ltd. General Manager Yang Huadeng, Vice General Manager Dai Zhongxu, Sales Director Yang Zhibao, and other company leaders, who organized a guided tour of the production base.

Hubei Ezhong Eco-Engineering Co., Ltd. is headquartered in Jingmen, Hubei, and is a large phosphorus chemical enterprise and national high-tech enterprise integrating research, production, and operation of high-concentration phosphate fertilizers and new fertilizers. The company ranks among China's top 500 chemical enterprises, top 50 fertilizer enterprises, and top 10 phosphorus fertilizer enterprises. The company annually produces 3.8 million tons of various high-concentration phosphate fertilizers, with supporting production of 1 million tons of sulfuric acid/year, 100,000 tons of hydrochloric acid/year, and 40 million woven bags/year. Its products cover six major series with over 200 varieties, including monoammonium phosphate, potassium sulfate compound fertilizer, urea-based, chlorine-based, sulphur-based, and nitro compounds. Recently, new fertilizer products such as nitric sulphur-based, controlled-release, organic-inorganic, water-soluble fertilizers and specialized formula fertilizers have been developed and launched.

In exchanges, IBI Chairman Liu Quan believes that the widespread application of new technologies like internet, IoT, big data, and blockchain provide strong support for supply chain innovation and upgrading. IBI’s Duoduo platform possesses multi-dimensional advantages in this direction, hoping for strengthened interaction to jointly promote efficient development.

Ezhong General Manager Yang Huadeng expressed: He hopes to closely cooperate with IBI, continuously focusing on digital industry development, contributing his efforts toward promoting precise, digital industry development.

On the afternoon of the 14th, the inspection group drove to another leading enterprise in the local phosphate fertilizer industry, Hubei New Yangfeng Group Co., Ltd. in Jingmen.

Hubei New Yangfeng Group Co., Ltd. General Manager Yang Huafeng, Party Secretary Li Weifeng, Deputy Chief Engineer Liang Fuzhong, Wang Liangjie, and Company Marketing Center Manager Li Wei cordially received the inspection group.

Hubei New Yangfeng Group (Stock Code: 000902.SZ) is a large private phosphorus chemical company focusing on high-concentration compound fertilizers as leading products, with large modern production bases in places like Jingmen, Yichang, Shandong Heze, and Sichuan Leibo. After years of rapid development, the company now possesses total assets of 3.5 billion yuan, nearly 5,000 employees, and an annual production capacity of 4 million tons of high-concentration compound fertilizers. For many years, sales of NPK compound fertilizers and monoammonium phosphate have ranked first nationwide, with supporting production materials projects including 180,000 tons per year of synthetic ammonia, 1.6 million tons per year of sulfuric acid, and 30 million woven bags. The company has phosphorus mineral resources with reserves of 3 billion tons, ranking among the top three national phosphorus fertilizer enterprises, with efficiency leading the national industry. It is located as a leading enterprise of phosphate fertilizers in Hubei Province.

The main purpose of this visit to New Yangfeng is to gain a deeper understanding of New Yangfeng's overall situation and strengthen exchanges and cooperation within the phosphorus chemical industry chain.

The inspection group first visited New Yangfeng's Jingmen headquarters production base, enthusiastically receiving an introduction to New Yangfeng's strategic layout model in the reception center, and then toured various production lines.

Chairman Liu Quan highly praised the production progress of Sinofert, commending it as a pragmatic and efficient team. He expressed hope that both parties could leverage their respective advantages, join forces, and advance the cooperation in the phosphate chemical industry chain together. Both sides also expressed a desire to deepen cooperation in the future for greater development.

Coordinates: ZiguiZigui County, located by the Xiling Gorge of the Yangtze River, is renowned as "China's Citrus (also known as Navel Orange) Hometown." In recent years, to promote local agricultural products nationwide, Zigui County has actively developed an e-commerce industry cluster and has now become a national e-commerce into rural areas comprehensive demonstration county.

On October 15th, during the last stop in Hubei, the delegation visited the Zigui County Government of Yichang City, Hubei Province, where they were warmly received by the county party secretary and county head Yang Yong, the deputy county head Tan Jiankang, and the deputy county head Song Xingjian, among other leaders.

County party secretary and county head Yang Yong pointed out that in 2021, the entire department closely followed the central and provincial party committee's deployment requirements for comprehensive and strict party governance, based on the new development stage, implemented new development concepts, integrated into the new development pattern, realized duties in mind, responsibilities on shoulders, and performed roles in actions. In the construction of the radiation center, they took on significant responsibilities and acted as pioneers, providing strong organizational guarantees for the solid start and good progress of Zigui County's "14th Five-Year Plan."

Deputy county head Song Xingjian stated that Zigui County has a well-formed agricultural industry structure and a continuously improving modern industrial system. These advantages are important supports for the development of the industrial internet. IBI can assist in the digitization of industries and lead the development of digital industries, working together with Zigui's local enterprises to jointly promote industrial innovation and upgrading.

FDD CEO Yin Haifeng suggested upgrading and establishing a complete brand and supply chain service system for specialty agricultural products in fields such as county enterprise coverage, internet plus, e-commerce into rural projects, agricultural product e-commerce operations, e-commerce talent training, precise e-commerce poverty alleviation, rural logistics, and all-channel agricultural product sales system operations. By advancing various collaborations with the government, they aim to fully leverage the strategic positioning role as a digital economy service provider for rural revitalization. FDD also plans to establish cloud factory enterprises locally to support rural revitalization.

At the same time, Chairman Liu Quan also stated that the industrial internet is an irresistible trend, and he hopes the county government will provide more support to the platforms in terms of technological innovation in industry informatization and infrastructure construction.

On that day, under the witness of IBI Chairman Liu Quan and Zigui County party secretary and county head Yang Yong, FDD CEO Yin Haifeng and deputy county head Song Xingjian jointly signed the FDD Headquarters Economic Project Strategic Cooperation Agreement.

The leaders participating in the ceremony also praised the development strategy of the FDD platform and IBI's industrial layout, bringing a successful conclusion to the delegation's visit to Hubei.

IBI (stock code: 603613.SH) and FDD will bear the era's responsibility for the transformation and upgrading of the industrial chain structure, along with the enterprise's social responsibility, to let the flower of the industrial internet bloom in Jingchu land.