Jin Zhengda produces 600,000 tons of controlled-release fertilizer project annually

On July 23, Jin Zhengda's 600,000-ton/year controlled-release fertilizer project for new crops was commissioned to run and produce qualified products. This is the first fund-raising project after the company landed on the capital market. With the current production capacity, Jin Zhengda's controlled-release fertilizer production capacity will reach 1.5 million tons, which will become the world's largest producer of controlled-release fertilizers.

As a leading company in the domestic controlled-release fertilizer industry, Jin Zhengda’s production and sales of controlled-release fertilizers accounted for the first time in the country for six consecutive years. With the rapid growth of market demand for controlled-release fertilizers, existing production capacity can no longer meet market demand. To this end, Jin Zhengda deepened the transformation and upgrading of the industrial structure and vigorously developed and promoted high-end, new crop-specific controlled-release fertilizers.

Jin Lianda Chairman Wan Lianbu said that the completion of the project marks the company's development has entered a new stage, and fully reflects the innovative highlights of the company's project construction. First, the company established a large-scale production base with independent intellectual property rights, which highlights the concept of high-efficiency, energy-saving, and environmental protection. The cost savings are only 10 million yuan per year for process optimization. The second is major technological transformation and optimization of the original production technology. , further developed key technologies to reduce production costs, innovated supporting process equipment, achieved complete control of the entire production process, improved automation and efficiency, once again created a benchmark for industrial technological upgrading and industrial upgrading; third is to study different climates, Under the conditions of soil and crops, the nutrient release mode of slow- and controlled-release fertilizers, the characteristics of soil-fertilizer supply, and the application of synchronous nutrient, the application of slow-release fertilizers, make the application of controlled-release fertilizers more safe, ecological, and environmentally friendly. He said that Kim Jong-ta will use the project production as an opportunity to build the first brand of global controlled-release fertilizer, through the endogenous and extension of the two-way expansion, to achieve the optimization of the value chain and the extension of the industrial chain, with a good profit to return the society, return investors .

Dongxing Securities researcher analyzed that at the end of the “Twelfth Five-Year Plan” period, under the condition that China's nitrogen fertilizer production remains basically unchanged, the slow and controlled release fertilizers that increase fertilizer use efficiency are an effective way to increase crop yield and fertilizer efficiency. The investment and completion of the investment project of Jin Zhengda has not only effectively relieved the market supply pressure, but also has become the largest new profit growth point for the company's future development. With the continuous expansion of production capacity, the company will further enhance its core competitiveness. The company is steadily moving toward the goal of a world-class high-end fertilizer supplier.

Jin Zhengda focused on the fertilizer industry, accelerated the establishment of systems for research, production, use, and evaluation of controlled-release fertilizers, and mastered a number of core technologies with independent intellectual property rights. At present, the company has a national research and development center for controlled-release fertilizers, national compound local engineering research center for composite fertilizers, laboratories for the efficient use of soil fertilizer resources, post-doctoral research stations, and a number of research and innovation platforms with industry influence. More than 30 state-level and provincial-level scientific research projects such as the 11th Five-Year Plan and the Twelfth Five-Year National Science and Technology Support Plan Project and the National Agricultural Science and Technology Achievement Transformation Project won the second prize for National Science and Technology Progress Award. Currently, Kim Jong-ta has developed 12 series of hundreds of crop-specific slow-release fertilizer products, and the cumulative promotion of crops has reached more than 6,000 million mu, which has added new economic benefits to farmers by about 15 billion yuan.