Yonfer Agricultural Technology Co., Ltd. (Securities Abbreviation: Yangfeng; Securities Code: 000902.SZ) is one of China’s leading enterprises in the phosphate compound fertilizer industry, a national high-tech enterprise, and has been designated by the Ministry of Agriculture and Rural Affairs as both a “National Leading Enterprise in Modern Agricultural Industrialization” and a “Deputy Chairman Unit of the National Phosphate Compound Fertilizer Industry Technology Innovation Strategic Alliance.” The company has specialized in the phosphate compound fertilizer and new-type fertilizer sectors for over 40 years. Its core business covers research, development, production, and sales of the full range of phosphate compound fertilizers and new-type specialized fertilizers—including monoammonium phosphate (MAP), diammonium phosphate (DAP), high-concentration compound fertilizers, water-soluble fertilizers, slow- and controlled-release fertilizers, bio-organic fertilizers, and soil conditioners—and extends upstream to phosphate ore resource development (holding the mining rights for the Dayukou Phosphate Mine in Zhongxiang City, Hubei Province) and downstream to sulfur trading and an agricultural technical service network. Relying on its nationally certified enterprise technology center, postdoctoral research workstation, the Ministry of Agriculture and Rural Affairs Key Laboratory for Crop-Specific Fertilizers, and the Hubei Provincial Engineering Technology Research Center for New-Type Fertilizers, the company holds a total of 72 valid invention patents and 126 utility model patents, and has led or participated in the formulation and revision of 21 national and industrial standards. It has obtained ISO 9001, ISO 14001, and ISO 45001 system certifications, and holds the National Industrial Product Production License, fertilizer registration certificates issued by the Ministry of Agriculture and Rural Affairs and provincial authorities, and EU REACH registration qualifications. Its core brands—including “Yangfeng,” “Aofei,” “Baibeibang,” and “Dunfeng”—are distributed across all 31 provinces, autonomous regions, and municipalities directly under the central government, and have launched large-scale demonstration projects in areas such as black soil protection in Northeast China, acidified soil improvement in Southern China, and saline-alkali land remediation in Northwest China. The company has established China’s first integrated service center combining “digital agricultural services + intelligent fertilizer blending,” operating over 300 intelligent fertilizer-blending stations and more than 2,000 soil-testing and formula-fertilization service outlets nationwide. It undertakes sub-tasks under key national R&D programs during the 14th Five-Year Plan period, and several of its technologies have been listed by the Ministry of Agriculture and Rural Affairs as recommended technologies. Its products are exported to over 30 countries across Southeast Asia, South America, and Africa, with overseas revenue accounting for approximately 4.2% of total revenue in 2023. The company is open to in-depth collaboration with government projects, scientific research institutes, farming entities, distribution partners, and international clients in areas including green fertilizer R&D, customized fertilizer-blending services, solutions for improving cultivated land quality, co-development of intelligent agricultural service platforms, and international supply-chain coordination.