Xifeng enterprise aims high

A worker uses a forklift to move fertilizer in the warehouse of Xiyang Group. [Photo/xifeng.gov.cn]

Guizhou Xiyang Group is a private enterprise specializing in the production of compound fertilizer, new fertilizer and special fertilizer and offering agricultural planting services.

It has an annual production capacity of approximately 1.2 million metric tons, and its products have been sold to over 20 provinces and more than 1,500 counties across the country. 

The company was established in 2014, with its headquarters located in Wenquan town, Xifeng county, Guiyang, capital of Southwest China's Guizhou province.

As part of the first group of national high-tech enterprises, it has ranked among the top 100 private enterprises in Guizhou and the top 500 petrochemical enterprises in China for several consecutive years.

The company also made the list of Guiyang City and Guian New Area's top 10 private enterprises in the phosphorus chemical industry, which was released on July 27.

Zhan Guosheng, vice general manager of the company, said that in recent years, thanks to the support and assistance from governments at all levels in the province, city, and county, especially in areas such as tax reductions, project construction, and technological innovation, the company has been experiencing steady growth.

In the second half of this year, the company plans to invest 500-600 million yuan ($68.50-82.20 million) to build a needle-like fertilizer project with an annual production capacity of 500,000 tons, which is estimated to increase the company's output value by 1.5 to 2 billion yuan.

"We aim to achieve a total revenue of 5 billion yuan for the company within 3 years," Zhan added.