Chanhen acquired a portion of the assets from the former Chuanxi Phosphorus Chemical Group, further expanding the company's scale.

Guizhou Chanhen Chemical Co., Ltd. (hereinafter referred to as: Guizhou Chanhen) was successfully registered and commenced construction. Factory construction was completed and been in operation in January 2003. The whole event was reputated as“Chanhen Speed” in the local.

Chanhen acquired the Tiger Cave phosphorus mine.

Chanhen had become one of the leading enterprises in China’s feed-grade monocalcium phosphate market. “Chanphos” had become the top-rank brand in the industry.

During the prosperous phase of production development, Chanhen people continued to innovate in the field of technology, achieving a breakthrough in wet-processed phosphoric acid technology. Furthermore, extensive research and development efforts were undertaken in areas such as purified phosphoric acid, acquiring over ten authorized patented technologies.