The development of mineral resources centers on Guizhou Fulin Mining Co., Ltd. Based in Fuquan and Weng'an of Guizhou Province, known as the "Phosphorus Capital of Asia", Chanhen holds controlling interests in 230 million tons of phosphate ore resources and minority stakes in another 370 million tons. Characterized by high ore grade, low heavy metal and impurity content, and excellent reactivity, its phosphate ore serves as high-quality raw material for producing premium phosphate salts and iron phosphate for batteries. At present, Chanhen boasts an annual phosphate ore production capacity of 3 million tons and will continue to advance the construction of phosphate ore mining capacity.