Inner Mongolia Yuanxing Energy Co., Ltd. (000683)

Inner Mongolia Yuanxing Energy Co., Ltd. (000683)

The company used to be the largest large-scale enterprise integrating the development, exploitation and processing of natural soda in China. Relying on the resource advantages of Ordos, the company focused on building Wushenzhao ecological park and Mengda new energy base, and completed the transformation of its main business. The natural gas chemical industry has become the leading industry of the company. The company mainly produces soda ash, sodium bicarbonate and other products, and turned to mainly produce methanol, formaldehyde, sodium bicarbonate, etc Natural gas chemical products such as dimethyl ether and fine chemical products such as sodium methoxide and Cyclopropylamine.

Inner Mongolia Yuanxing natural soda Co., Ltd. is a joint stock limited company established by the way of raising funds, which was approved by No. 427 document of China Securities Regulatory Commission (CSRC) and exclusively initiated by Yikezhaomeng Chemical Industry Group Co., Ltd. with the approval of No. 16 document of Inner Mongolia Autonomous Region Government on November 25, 1996. On January 13, 1997, the company issued RMB a shares listed in China to the public for the first time. On January 31, 1997, the company was listed on Shenzhen Stock Exchange. On May 2, 1997, through the special resolution of the general meeting of shareholders, it was approved to increase 10 shares for every 10 shares of all shareholders with the capital reserve, and the share capital of the company increased to 430 million shares. On May 15, 1998, through the resolution of the provisional general meeting of shareholders, it was approved to allocate shares to all shareholders at the ratio of 10:3 based on the total share capital of 430 million shares at the end of 1997. The shareholders of state-owned legal person shares gave up the allotment in full. The actual total amount of allotment was 39 million shares, and the share capital of the company increased to 469 million shares. The company went through the change registration in Inner Mongolia Administration for Industry and Commerce on September 19, 1998, The registered capital is 469 million yuan, and the legal representative is Dai Lianrong.

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