20 12 1.8, Sinochem Fertilizer Co., Ltd. signed an equity transfer agreement with Sichuan Longman Group and Tibet Longsheng Investment Management Co., Ltd. to wholly acquire the equity of Xundian Longman Phosphorus Chemical Co., Ltd. 100%, which is an important progress of Sinochem Fertilizer's upstream resource acquisition strategy. 201March 19, Sinochem Fertilizer Co., Ltd., a subsidiary of Sinochem Group, completed equity delivery with Sichuan Longman Group and Tibet Longsheng Investment Management Co., Ltd., and Xundian Longman Phosphorus Chemical Co., Ltd. was officially renamed as Sinochem Yunlong Chemical Co., Ltd.