Hubei Xingfa Chemicals listed in Fortune China 500
2024-08-15 21:08:00
By Yan Wanqin, Yichang International Communication Studio
Hubei Xingfa Chemicals Group Co., Ltd. ranks 475th on this year's Fortune China 500 list, with a revenue of more than US$3.97 billion in 2023.
The 2024 Fortune China 500 list adopts the same ranking method as Fortune Global 500. Eight Hubei companies made the list, with their 2023 revenues totaling more than US$113.93 billion.
Established in 1994, Hubei Xingfa Chemicals manufactures a full range of phosphorus-based chemicals. The Yichang-based company has been listed on the Shanghai Stocks and Securities Market since 1999 (stock code 600141). As the largest phosphates firm in China, it has 11,500 employees globally.
The company embraces green chemical production and manufactures 591 products in 15 categories spanning industry, animal feed, food, dental care, pharmaceuticals and electronics. Xingfa has one of the most complete phosphate product portfolios in the world.
Present in industrial parks in eight provinces across China, Xingfa brings creativity and tech innovation to its production in the phosphate, silicate, sulfuric, fluorine and alkali sectors.
Focusing on elaborate and specialty chemicals, the company has chalked up numerous innovations. In 2023, the company invested 1.117 billion yuan to develop its R&D team and new technologies, including buffer oxide etching and black phosphorus fabrication.
In the same year, Xingfa authorized 302 patents, with their accumulative total exceeding 1,100.
Hubei Xingfa Chemicals Group Co., Ltd. ranks 475th on this year's Fortune China 500 list, with a revenue of more than US$3.97 billion in 2023.
The 2024 Fortune China 500 list adopts the same ranking method as Fortune Global 500. Eight Hubei companies made the list, with their 2023 revenues totaling more than US$113.93 billion.
Established in 1994, Hubei Xingfa Chemicals manufactures a full range of phosphorus-based chemicals. The Yichang-based company has been listed on the Shanghai Stocks and Securities Market since 1999 (stock code 600141). As the largest phosphates firm in China, it has 11,500 employees globally.
The company embraces green chemical production and manufactures 591 products in 15 categories spanning industry, animal feed, food, dental care, pharmaceuticals and electronics. Xingfa has one of the most complete phosphate product portfolios in the world.
Present in industrial parks in eight provinces across China, Xingfa brings creativity and tech innovation to its production in the phosphate, silicate, sulfuric, fluorine and alkali sectors.
Focusing on elaborate and specialty chemicals, the company has chalked up numerous innovations. In 2023, the company invested 1.117 billion yuan to develop its R&D team and new technologies, including buffer oxide etching and black phosphorus fabrication.
In the same year, Xingfa authorized 302 patents, with their accumulative total exceeding 1,100.
