Strategic Alliance Formed: SINOFERT and Xiangfeng Group Unite for Supply Assurance

Deep News
04/02

On March 31, SINOFERT (00297.HK) and Yunnan Xiangfeng Industrial Group Co., Ltd. signed an annual strategic cooperation agreement. Zhang Xuegong, Party Committee Secretary and Chairman of SINOFERT, and Yang Zongxiang, Founder and Honorary Chairman of Xiangfeng Group, attended the ceremony and witnessed the signing. Wang Fang, Party Committee Member and Vice President of SINOFERT, and Yang Lifen, General Manager of Xiangfeng Group, also participated in the event. The agreement stipulates an annual cooperation volume of 250,000 tons. This marks a new phase of comprehensive, in-depth, and high-quality development in the strategic partnership between the two parties, injecting strong momentum into the assurance of agricultural supply.

Prior to the signing of the strategic cooperation framework agreement, Zhang Xuegong and his delegation visited Xiangfeng Group’s Jinmai plant and corporate culture exhibition hall, gaining a comprehensive understanding of the group’s production capacity layout, operational management, green development initiatives, and corporate culture building. The two sides held discussions on topics such as deepening strategic cooperation, strengthening supply and price stability, and promoting industrial upgrading.

Yang Zongxiang extended a warm welcome to Zhang Xuegong and his delegation, expressing gratitude for SINOFERT’s long-standing support and trust. He noted that SINOFERT is a leading distributor of agricultural inputs in China, and the longstanding collaboration between the two companies has been mutually beneficial, fostering a strong partnership. Looking ahead, he expressed anticipation for further deepening strategic cooperation with SINOFERT, expanding collaboration across multiple dimensions, and enriching the scope of cooperation to achieve a higher level of mutual benefit.

Zhang Xuegong emphasized that the cooperation between SINOFERT and Xiangfeng Group is comprehensive, multi-product, and deeply strategic, with strong synergies and complementary advantages. Xiangfeng Group, as a leading enterprise in the ammonium phosphate industry, boasts a complete industrial chain layout, abundant phosphate resources, and high-quality products, making it a trusted partner of SINOFERT. At present, during the critical period of spring ploughing and fertilizer preparation, the two parties are jointly implementing national requirements, ensuring fertilizer supply, and stabilizing market prices, demonstrating the social responsibility of leading enterprises through concrete actions. He expressed hope that the signing of this strategic cooperation agreement will serve as an opportunity to further deepen collaboration, expand cooperation areas, innovate cooperation models, and elevate the partnership to new heights, jointly contributing to national food security and high-quality agricultural development.

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