Recently, New Yangfeng, a leading domestic phosphorus and compound fertilizer enterprise, released a major investment plan. It intends to invest a total of 6.2 billion yuan at its headquarters in Jingmen, Hubei, to layout major projects for phosphorus-based new energy and new materials. It is increasing its presence in product tracks such as lithium iron phosphate and high-end fine phosphates, accelerating the extension, transformation, and upgrading of the industrial chain.

This investment project will land in the Dongbao and Zhongxiang regions of Jingmen, featuring a division of labor and coordinated development. Among them, the Dongbao area project has a total investment of 3 billion yuan. It plans to build a 300,000-ton-per-year lithium iron phosphate production line, supporting the construction of new production facilities such as 200,000 tons per year of ferrous phosphate, to create a complete integrated industrial chain of ferrous phosphate — lithium iron phosphate. The Zhongxiang area project involves an investment of 3.2 billion yuan and will build a 100,000-ton-per-year ferrous phosphate production line, while simultaneously implementing the upgrading and transformation of fine phosphorus chemical production capacity and the construction of supporting facilities.

Since 2021, based on its own phosphorus chemical resources and industrial foundation, New Yangfeng has actively seized the development opportunities of the new energy industry while consolidating its leading position in the main phosphorus and compound fertilizer business. It is deeply transforming into the phosphorus-based new energy and new materials track, gradually building a "phosphorus and compound fertilizer + phosphorus-based new energy and new materials" parallel development pattern for its two main businesses. Currently, the company's completed 100,000-ton-per-year ferrous phosphate production line operates stably, and the product quality has received wide recognition from downstream markets and customers.

Relying on the stable basic market of the traditional main business and the strong growth of the new energy and new materials business, New Yangfeng's operating performance in 2025 was impressive. According to the annual report data disclosed by the company on April 28, in 2025, it achieved operating revenue of 18.048 billion yuan, a year-on-year increase of 15.97%. The total sales volume of phosphorus and compound fertilizers for the year reached 5.9213 million tons, and the sales volume of ferrous phosphate in the new energy sector was 59,000 tons. The synergistic effectiveness of the dual main businesses is clearly evident.