According to reports, Xinyi Chemicals is the largest company specializing in Yuanmingfen production. It has a production line that produces 800,000 tons of Yuanmingfen annually. It is a key supervision project for investment promotion in Hunan Province and a key industry of Hengyang City Government in 2005. project. Yang Zhiqiang, the chairman of the company, was successful in signing a contract with Shigu District in the 7th Midwest Investment Fair in April 2003 after learning about the rich reserves of mirabilite in the Songmu Town, Shigu District, and a favorable investment environment.
It is understood that the project aims to locate in the new-type modern enterprise with the largest scale, highest technical level, and highest environmental protection level in the country. It has designed and used more than 500 acres of land, and the total investment is 420 million yuan. It will be completed in two phases in two years. 800,000 tons of Yuan Ming powder production equipment. After the start of production in 2007, it is expected to achieve an annual industrial output value of 360 million yuan, while providing 1,500 jobs.
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