Jiangsu Huachang Chemical Company Limited

May 23, 2013

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Jiangsu Huachang Chemical Company Limited Company Summary

Huayuan Chemical Company Limited (former Zhangjiagang Fertilizer Factory) is a core enterprise of Jiangsu Huachang Group Limited. It is mainly involved in the manufacture of basic chemicals, fine chemicals and biochemicals. After more than thirty years of development, Huayuan Chemical has reached a considerable scale, having a fixed assets of 180 million RMB and a total staff of beyond 1200, including more than 200 technical engineers. It now produces annually 150,000 tons of synthetic ammonia, 300,000 tons of soda ash, 300,000 tons of ammonium chloride, 300,000 tons of compound fertilizer, 1,000 tons of hexahydro-1H-azapine, amino acids and other related products. The products have been well accepted by customers in China, and in Southeast Asia, South Korea and other countries. In the year 2002, Huayuan Chemical's sales and net income before taxes were 450 million RMB and 90 million RMB respectively.

COMPANY DATA

	Headquarters	28 Chengbei Road

		Zhangjiagang

		Jiangsu Province

	Telephone	0086-512-58683255

	Fax	0086-512-58691277

	Principal Sector	Chemical Equipment & Manufacturing

	Principal Industry	Chemicals

	Homepage	www.huachangchem.cn/

Key Developments: Jiangsu Huachang Chemical Company Limited

	Galaxy Resources Limited (ASX:GXY) Positive Results From The Final Jiangsu Definitive Feasibility Study OCT 22, 2009 10:04 - Article Views: 3,118 Emerging lithium producer Galaxy Resources Limited (ASX:GXY)(PINK:GALXF) is pleased to announce positive results from the final Definitive Feasibility Study (DFS) into downstream processing of lithium carbonate at its Jiangsu Lithium Carbonate Plant.

	Australian Market Report of June 4: Hit by Lower Oil Prices JUNE 4, 2009 13:00 - Article Views: 7,950 The Australian market rose through the 4,000 level on Wednesday, led by property stocks as data showed the economy had avoided a recession. The benchmark S&P/ASX200 surged 61.9 points, or 1.56 per cent, to 4,017.2, while the broader All Ordinaries was 61.2 points, or 1.55 per cent higher, at 4,009.3.

	Galaxy Resources Limited (ASX:GXY) Secures Soda Ash Supply For A Proposed Lithium Carbonate Plant In Jiangsu Province, China JUNE 4, 2009 09:12 - Article Views: 2,484 Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) today announced it has secured a key supply of soda ash for its proposed lithium carbonate plant in Jiangsu Province, China. The Company has signed a Letter of Intent (LOI) with the Jiangsu Huachang Chemical Co. Limited (Huachang) to supply 40,000 tonnes of soda ash (Na2CO3) per annum for 15 years.

	Galaxy Resources Limited (ASX:GXY) Secures Soda Ash Supply For A Proposed Lithium Carbonate Plant In Jiangsu Province, China JUNE 4, 2009 09:12 - Article Views: 2,484 Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) today announced it has secured a key supply of soda ash for its proposed lithium carbonate plant in Jiangsu Province, China. The Company has signed a Letter of Intent (LOI) with the Jiangsu Huachang Chemical Co. Limited (Huachang) to supply 40,000 tonnes of soda ash (Na2CO3) per annum for 15 years.