The company's phosphate resources in Guizhou mainly come from its holding subsidiary, Yian Industry. Yi 'an Industrial owns about 3,654,380,500 tons of proved reserves of phosphate rock, has obtained a mining license, and is currently in the stage of mining engineering construction. In addition, Hubei Xingfa Chemical Group Co., Ltd. also ranks in the forefront of the industry in terms of reserves and production capacity of phosphate rock resources in Guizhou. Up to now, the company has about 429 million tons of phosphate rock resources with mining rights, with a designed annual mining capacity of 5.85 million tons; Exploration projects with exploration rights have proven reserves of phosphate rock resources of about 477 million tons. To sum up, Hubei Xingfa Chemical Group Co., Ltd. is rich in phosphate rock resources in Guizhou and has entered the actual mining stage.