Xinyang Feng (000902.SZ) plans to invest 1.15 billion yuan to build a new type of crop-specific fertilizer project with an annual capacity of 1 million tons, completing the regional layout.

China Finance News App News, Xinyang Feng (000902.SZ) announced that the company plans to sign an investment agreement with the People's Government of Huaishang District, Bengbu City, to build a 1 million tons/year special fertilizer project for new crops. This project includes 400,000 tons/year of high tower compound fertilizer, 400,000 tons/year of urea-based compound fertilizer, 150,000 tons/year of soil testing formula BB fertilizer, and 50,000 tons/year of high-end water-soluble fertilizer, along with supporting warehouses, office buildings, research and testing buildings, etc.