1. **Xingfa Group (600141)** As a leader in the full phosphorus chemical industry chain, the company boasts phosphorus ore reserves of 755 million tons. By 2025, its designed phosphorus ore production capacity will reach 6 million tons annually, with a market share exceeding 20% in Hubei. The Houping Phosphorus Mine’s photoelectric beneficiation project ensures 100% self-sufficiency in high-grade phosphorus ore, providing significant cost advantages. Its new energy transition is notable, with 200,000 tons/year of lithium iron phosphate (LFP) capacity fully operational. Leveraging self-produced purified phosphoric acid and spodumene beneficiation, its costs are 15% lower than the industry average, securing supply chain partnerships with CATL and BYD. A 100,000-ton/year lithium dihydrogen phosphate project is in trial production, targeting global leadership to meet solid-state battery demand. Its organic silicon business is also expanding, with 760,000 tons/year of monomer capacity and projects in photovoltaic adhesives and functional silicone rubber, aligning with EV and solar demand. By 2025, revenue is projected at RMB 50 billion and net profit at RMB 6 billion, with long-term growth potential of 25% annually.

2. **Yuntianhua (600096)** A domestic phosphorus chemical giant with over 800 million tons of phosphorus reserves and annual production exceeding 12 million tons, it leads globally in phosphonium capacity and ranks high in urea and compound fertilizers. Accelerating its new energy shift, it has built 100,000 tons/year of LFP capacity, integrating "phosphorus ore-phosphoric acid-LFP-LFP cathode" to mitigate price volatility. Leveraging Yunnan’s abundant phosphorus and hydropower resources, its LFP margins outperform peers. Fluorochemical projects like anhydrous hydrogen fluoride and lithium hexafluorophosphate (LiPF6) are progressing, forming a "P-F-Li" synergy. 2025 growth will be driven by peak fertilizer exports and new energy material capacity, with LFP cathode projects poised to transform it into a dual-sector player.

3. **Hubei Yihua (000422)** A key phosphorus chemical firm with 300 million tons of reserves and 5 million tons/year output, it has partnered with CATL to launch a 300,000-ton/year LFP project, ensuring raw material self-sufficiency. Its 15,000-ton/year LiPF6 capacity benefits from surging electrolyte demand. With 120,000 tons/year of organic silicon capacity, it aligns with EV and construction needs. 2025 revenue will be bolstered by new energy capacity and stable traditional cash flows.

4. **Chuanfa Longmang (002312)** A top monoammonium phosphate (MAP) producer with 200 million tons of reserves and 400,000 tons/year output, it has built 200,000 tons/year of LFP capacity using integrated "ore-acid-LFP" production, certified by CATL and Eve Energy. Sichuan’s hydropower lowers energy costs. 2025 performance is lifted by LFP price hikes, with future LFP cathode projects unlocking downstream growth.

5. **CMOC Group (603993)** A global resource leader (market cap >RMB 350B), its Congo-based phosphorus operations (1B+ tons reserves, 8M tons/year) supply agriculture while venturing into LFP materials. Diversified copper/cobalt/molybdenum assets hedge price risks. 2025 growth is fueled by food security-driven fertilizer demand and new energy projects.

6. **Hunan Yuneng (301358)** An LFP cathode leader (market cap >RMB 61.6B) with 20%+ market share supplying CATL/BYD, it collaborates with phosphorus firms to secure raw materials. Global energy storage demand (52.7% growth in 2025) drives its high-margin, tech-advanced products.

7. **Xinyangfeng (000902)** A top compound fertilizer player with 500M tons of reserves, it has 100,000 tons/year LFP capacity and plans 200,000 tons/year LFP precursor projects. 2025 benefits from fertilizer exports and new energy synergies.

8. **Chuanheng (002895)** Specializing in calcium dihydrogen phosphate/MAP, it’s advancing a 300,000-ton/year LFP project in Guizhou, leveraging fluorine-silicon extraction tech for cost efficiency.

9. **Liuguo Chem (600470)** Anhui’s phosphorus leader with 100M tons reserves, it’s upgrading to LFP/LFP cathode, supported by Yangtze River logistics and green轉型 policies.

10. **Sierte (002538)** With 300M tons reserves and 400,000 tons/year output, its 100,000-ton/year LFP project (2026 completion) and export growth drive 2025 prospects.

11. **Hongda (600331)** Sichuan-based with 200M tons reserves, it’s expanding into LFP while benefiting from hydropower and green policies.

12. **Yuntu Holdings (002539)** A soda ash/ammonium chloride leader with 100M tons reserves, its 50,000-ton/year LFP and儲能 projects ensure diversified growth.

13. **Hubei Shuanghuan (000707)** Focusing on agricultural demand, it’s collaborating on LFP projects to tap new energy.

14. **BATIAN (002170)** An eco-fertilizer specialist with 80M tons reserves, its 50,000-ton/year LFP project and digital agriculture initiatives align with high standards.

15. **Jinchengxin (603979)** A mining-chemical integrator (market cap >RMB 40B) with 200M tons reserves, it’s advancing LFP/LiPF6 projects to unlock new energy potential.

*Disclaimer: This content is based on public information and does not constitute investment advice.*