CHINA XLX FERTILISER LTD. （For Immediate Release）
China XLX Recognised as Pioneer Unit of Provincial Intellectual Property
HONG KONG, October 21 2014 - Henan XLX Fertiliser Limited Company, a wholly-owned subsidiary of China XLX fertiliser Limited ("China XLX" or the "Company") (HKSE:
01866.HK), has been recongised as a pioneer unit in enterprise intellectual property management by Henan Intellectual Property Office. It marks the Company scaled a new height of intellectual property management.
To safeguard its rights and interests in technology, the Company formulated the Rules of Intellectual Property Management to encourage the staff to develop innovative technologies and strengthen its ability to apply for intellectual property rights. Up to the present, the Company was granted 66 patents by the country, of which 11 of them for invention, 42 for utility models, and 13 for registered design.
"For years, we have insisted on technical innovation and development in new products, creative process and advanced equipment with its own intellectual property rights in the field of fertiliser production. We are honored with the recognition of Henan's pioneer unit in enterprise intellectual property management. We will seize the opportunity to promote the awareness of intellectual property protection, fine tune the structure, improve the system, and regulate the process with a view to having our intellectual property management to be systematised and normalized," said Mr. Liu Xingxu, Chairman and CEO of Company.
China XLX Fertiliser Ltd., one of the largest and most cost efficient coal-based urea producers in China, is mainly engaged in the production and sale of urea, compound fertilizer and methanol. Its annual production capacity of urea, compound fertilizer and methanol is 2.1 million tons, 1.1 million tons and 200,000 tons, respectively. Besides, the
5th plant in Xinjiang, which is under construction, is expected to commence trial production next year. The Group forged a strategic partnership with Primavera Capital, an internationally renowned private equity fund, at the end of 2011, aiming to leverage on its extensive experience and resources network in the capital market to sustain stable business growth. The Company's shares are traded on the main board of the Stock
Exchange of Hong Kong Limited (stock code: 01866.HK).
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Investor and Media Enquiries:
China XLX Fertiliser Ltd. Zhu Weiwei
Tel: 86-138 4939 1363
Email: weiwei.zhu@chinaxlx.com.hk
PRChina Limited
Terence Wong / Phoebe Leung
Tel: 852-2522 1368 / 852-2521 2823
Email: twong@prchina.com.hk pleung@prchina.com.hk
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