According to the Zhiyin Financial APP, CHINA XLX FERT (01866) announced that on December 26, 2024, its subsidiary Guangxi XLX Chemical Industry Co., Ltd. (Guangxi Base) successfully put the first phase of the compound fertilizer project into production, with a designed capacity of 0.3 million tons per year.

The Guangxi Base has a total of three phases of compound fertilizer projects planned, with a total capacity of 1 million tons per year. Market research shows that with the development of the Agriculture industry, the demand for fertilizers in South China continues to grow. The efficient compound fertilizers produced by the Guangxi Base help reduce the overall use of chemical fertilizers, promote soil health and ecological balance, and contribute to achieving sustainable agricultural development.

The Guangxi Base is located in the Guangxi Zhuang Autonomous Region, within the Guigang City Guiping New Materials Industry Park, with convenient transportation conditions and an important regional economic radiation effect, able to conveniently serve the South China, Southwest, and Southeast Asia markets. It is a key part of the company's nationwide layout Global Strategy and can provide strong support for the company to explore international markets.