Wengfu (Group) Co., Ltd., formerly known as Guizhou Hongfu Industrial Development Co., Ltd., is one of the five phosphate fertilizer bases built during the eighth and Ninth Five Year Plan period. Wengfu mining and fertilizer base started construction in 1990 and put into operation in 2000. In 2008, Hongfu head office changed its name to Wengfu (Group) Co., Ltd., with a registered capital of 4.088 billion yuan. With Wengfu (Group) Co., Ltd. as the core enterprise, Wengfu International Trade Co., Ltd., Wengfu Dazhou Chemical Co., Ltd., Wengfu Zijin Chemical Co., Ltd., Gansu Wengfu Chemical Co., Ltd., Guizhou Wengfu Trade Co., Ltd., Guizhou Wengfu Lantian Fluorine Chemical Co., Ltd. and Singapore Meilu Industrial Co., Ltd. were established Wengfu group is composed of more than 10 wholly-owned and holding subsidiaries including Wengfu Australia company, Wengfu Arab Limited (Kingdom of Saudi Arabia), joint-stock companies and other member enterprises.
Development status
After more than 20 years of construction and development, Wengfu (Group) Co., Ltd. has become a large state-owned enterprise integrating phosphate mining and dressing, phosphate compound fertilizer, phosphorus sulfur coal chemical, fluorine iodine chemical production, scientific research, international and domestic trade, industrial technology and operation services, and international engineering general contracting. The company has high-quality phosphate resources, geological reserves of 820 million tons, industrial reserves of 580 million tons. In 2011, the company's total assets were 14.9 billion yuan, forming an annual production capacity of 5 million tons of phosphorus ore, 1.5 million tons of phosphoric acid, 2 million tons of sulfuric acid, 3.5 million tons of phosphorus compound fertilizer, 160000 tons of industrial and food phosphoric acid, 150000 tons of sodium tripolyphosphate, 100 tons of iodine, 20000 tons of anhydrous hydrogen fluoride, and the annual transportation capacity of its own railway special line exceeded 5 million tons. The company has more than 4500 employees. Since it was put into operation, Wengfu has developed at an average annual rate of more than 30%. In 2011, the sales revenue exceeded 24.4 billion yuan and the per capita labor productivity exceeded 3 million yuan.
The group has formed four major production and R & D bases with Guizhou as the core and Gansu Jinchang, Sichuan Dazhou and Fujian Shanghang as the support. Qiannan base in Guizhou Province is a processing and technology R & D base for phosphate rock mining, high concentration phosphate compound fertilizer, phosphorus chemical industry, fluorine iodine chemicals and waste resource utilization. It is also a model factory for Wengfu to provide technology, engineering construction and operation management services. Jinchang, Gansu, Dazhou, Sichuan and Shanghang, Fujian, based on the principle of complementary advantages and optimal allocation of resources, make full use of Wengfu's phosphorus resources, local raw materials and location advantages to build chemical fertilizer bases respectively, forming a complete industrial layout.
The company has passed the ISO9000 quality system and ISO14000 environmental system certification, and became the first fertilizer enterprise in China to pass the Australian animal and plant inspection and quarantine certification in 2006. Its products sell well in more than 30 countries and regions, and its domestic market network covers all provinces, autonomous regions and cities. The company has successively won the honors of "national advanced enterprise of quality and benefit", "top 100 chemical enterprises of China", national "AAAA class" standardization good behavior enterprise, "the first national advanced mining enterprise of rational development and utilization of mineral resources", "national model collective of national unity and progress", etc.