Liuzhou Chemical Industry Co., Ltd. on March 6, 2001 by the Liuzhou Chemical Industry Group Co., Ltd. as the main sponsor, the joint Liuzhou Fengshan Sugar Group Co., Ltd., Guangxi Liuzhou Iron and Steel (Group) Corporation initiated the establishment of six co-sponsors, the registered capital of RMB 8,678.60 million.
By the China Securities Regulatory Commission issued [2003] No. 64 approved the company in July 2, 2003 for the first time to the public issued ordinary shares of RMB 60 million, the company's total Capital increased to 14,678.60 million. Stock code: 600 423, the stock short: Liu of shares.
2004 year 6 21, according to the company's 2003 annual general meeting of shareholders to consider the capital reserve for the program through to the end of 2003 the company's total share capital of 14,678.60 million as the base to the capital fund to all shareholders of 3 shares for every 10 shares, for a total capitalization 4,403.58 million shares, the company's total equity increased to 19,082.18 million.
2006 July menstrual China Securities Regulatory Commission issued the word [2006] No. 46 approved on July 28, 2006 the use of priority to the original shareholders to subscribe for A shares, A shares give up some of the original issued to the public a way to issue 307 million yuan of convertible bonds. Liu of the convertible bonds since January 29, 2007 issued by the Company to begin the conversion of A shares (stock abbreviation, "Liu of shares"). Liu of the shares since January 29, 2007 to March 2, 2007, 20 consecutive trading days the closing price higher than the current conversion price (9.86 yuan/share) 130%(12.82 yuan/share). Thus, convertible bonds, according to the company prospectus on the conventions and "listed company securities issuance," the "Shanghai Stock Exchange Listing Rules" and other relevant provisions of the second session of the twenty-second session of the Board of Directors decided to exercise Liu right of redemption of convertible bonds will be redeemed as of record date (April 2, 2007) after the close of the willow of convertible bonds have not yet fully redeemed. As the conversion of convertible bonds to increase capital of the Company 31,037,929 shares as of April 2007, the company's total share capital of 221,859,729 shares.
2005 year 11 月 company completed the split share reform, non-tradable to tradable shareholders, the shareholders of the 10 to send 3 of the price, according to the split share reform program of non-tradable shareholders commitment to the Central Plains, 2006 November 3, a total of 12,503,301 shares from the date of the outstanding shares of the limited conditions of sale can be traded, as of April 2007 the company's outstanding shares without selling shares to 144,941,230.
Business Scope: ammonium nitrate, nitric acid, nitrogen fertilizer, soda ash, sodium nitrate, sodium nitrite, industrial methanol, industrial formaldehyde, ammonia, sulfur, heavy alkali manufacturing, coal sales; operation of the own products and related technologies export business (national limit or prohibit the export of the commodity); operation of the production, scientific research necessary raw materials, machinery, instruments, spare parts and related technology import ( national limit and prohibit the import of the commodity); feed of the enterprise business process and the "three to fill a" business.
Is Guangxi's largest manufacturer of chemical fertilizer, fertilizer and chemical products mainly engaged in the production and sale of products, including: ammonia, urea, ammonium nitrate, soda ash, ammonium chloride, sodium nitrate , sodium nitrite, ammonium bicarbonate, sulfur, ammonia, nitric acid, methanol, formaldehyde, ammonia is one of the intermediate products. The company's current annual production capacity of synthetic ammonia and 550,000 tons of synthetic ammonia overall energy consumption, ammonium nitrate production costs and economic benefits and other economic indicators in the coal as raw material in the leading companies in nitrogen, is the medium and small nitrogenous fertilizer demonstration plant.
Present, the only majority-owned subsidiary of Liuzhou Liu of Potash Co., the company is holding in Guangxi of China Liu Ding Industrial Co., Ltd. and Guilin agricultural production Li Haifeng four common natural form of cash contribution established, the company registered capital of 28 million yuan, of which Liu of shares invested 21 million yuan, accounting for 75%of registered capital. Main business: production and sales of potassium sulfate, potassium nitrate (compound fertilizer, potassium chloride), industrial hydrochloric acid and related products.
Has been attention to quality management, through the promotion of total quality management and continuously improve product quality and service levels, inception of the company passed the ISO9001: 2000 quality system certification, the company follows the "customer satisfaction goal to continually improve the brand "quality and continuously improve the quality system to ensure the effective operation of quality management system, continuously improve the quality of our products, urea, ammonium nitrate powder, concentrated nitric acid, formaldehyde and other products have been awarded Guangxi famous brand, market share rising, selling products in Guangxi, Guangdong, Hunan, Jiangxi, Guizhou, Hainan, Fujian, Zhejiang and other provinces, and exported to Vietnam, Thailand, Australia and other countries and regions.