Asia-Potash International Investment (Guangzhou) Co., Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Asia Potassium International Investment (Guangzhou) Co., Ltd. is a A-share listed company on the Shenzhen Stock Exchange's main board (securities abbreviation: Asia Potassium International, securities code: 000893. SZ), focusing on the integration of potassium mining, potassium fertilizer production and sales. China's potassium resources are extremely scarce, and "ensuring people's livelihoods, serving the country through industry, and revitalizing the country through industry" is the company's mission. In response to China's development strategy of "one-third domestic, one-third imported, and one-third overseas production bases" for potassium fertilizer supply, Asia Potash International, after nearly a decade of deep cultivation, has acquired 35 square kilometers of potassium salt mining rights from its subsidiary Zhongnong International Potash Development Co., Ltd. in Gamont Province, Laos. The total reserves of potassium magnesium salt ore in this mining area are 1.002 billion tons, equivalent to 152 million tons of pure potassium chloride, which is the core asset of the company. The company has achieved breakthrough success in the field of solid carnallite mining of potassium and magnesium salts, becoming the first enterprise in the world's emerging potassium salt region to achieve industrial mass production and economic benefits. It is also the first Chinese enterprise to achieve industrial production of overseas potassium salt projects, and is one of the only two successful projects in China's 34 overseas potassium exploration projects. The Laos potassium fertilizer project has achieved stable operation for many years, with a production capacity of 1 million tons/year expected to reach production by the end of 2021. The company's potassium fertilizer production base is adjacent to China and Southeast Asia, which are the regions with the largest global demand for potassium fertilizer, with the advantages of proximity to demand areas and low transportation costs. With the opening of the China Laos Railway at the end of 2021, it will provide more convenient transportation conditions for returning to China for sales, which is conducive to importing potash fertilizer products to major agricultural provinces in southern China. The company adheres to focusing on the main business of potassium fertilizer, adhering to a leapfrog development path that organically combines connotation intensification and extension expansion. It plans to build a production capacity of 3 million tons within three years and 5 million tons according to market needs in the future. The company is committed to building the largest single potassium mine in Asia and effectively solving the food security problems caused by the shortage of potassium salt resources. The Pengxia Nongbo mining area planned to be acquired has a resource volume of 677 million tons. After the acquisition is completed, it will have a total of 829 million tons of pure potassium chloride resources, becoming the largest single potassium fertilizer resource enterprise in Asia. |
| Headquarter | Guangzhou |
| Establish Date | 10/27/1998 |
| Listed Code | 000893.SZ |
| Listed Date | 12/24/1998 |
| Chairman | Guo Baichun. |
| CEO | Ma Yingjun. |
| Website | www.asia-potash.com |
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