Hubei Xingfa Chemicals Group Co., Ltd.’s Equity Buyback announced on April 15, 2023 has closed with 8,382,400 shares, representing 0.75% for CNY 200.05 million .

Hubei Xingfa Chemicals Group Co., Ltd. is a China-based company principally engaged in the production and sales of phosphorus chemical products. The Company's primary products include phosphate ores, yellow phosphorus, phosphoric acid, industrial grade and food grade sodium tripolyphosphate, industrial and food grade sodium hexametaphosphate, monoammonium phosphate, diammonium phosphate, glyphosate, organosilicone, Chlor-alkali and others. The Company is also engaged in the trading of related chemical products through its subsidiaries. The Company mainly distributes its products in domestic and overseas markets.