2010

－ In January 2010，Four technological upgrading projects undertaken by three of the Group’s subsidiaries won financial support from the state special fund for energy saving and emission reduction. These projects include the desulphurization project by Sinochem Pingyuan, the fly ash brickmaking project by Sinochem Changshan, the industrial ammonia phosphate and potassium dihydrogen phosphate project and the waste water treatment project by Sinochem Fuling.

－ In January 2010，The first phase of the Sinochem Fuling’s waste heat recovery project went into operation, with the second phase commissioned in April 2010.

－ In March 2010，A Framework Agreement for Strategic Cooperation was signed by the Company’s ultimate controlling shareholder, Sinochem Group and the Ningxia Hui Autonomous Region People’s Government. The Group would undertake the task of developing the project and push forward the work provided that the coal resource needed for the project is secured.

－ In March 2010，The Group entered into an agreement with China National Hybrid Rice R&D Center, and invited academician Prof. Yuan Longping as senior advisor. According to the agreement, the Group will provide strong support to Prof. Yuan’s super hybrid rice program with a target yield of 900 kg/mu by utilizing high-quality agricultural potash fertilizer and other product advantages.

－ In March 2010，The Company released its 2009 annual report.

－ In March 2010，A nationwide campaign for the promotion of Sinochem brand potash for direct application was carried out in more than 300 agricultural counties. Nearly 1,000 country fair roadshows were held to publicize scientific farming and fertilizer application, which were well received by the farmers.

－ In May 2010，The 200,000 tons feedstock coal briquetting project was successfully commissioned at Sinochem Pingyuan Chemical Company Limited.

－ In May 2010，The Group and the Agricultural Bank of China entered into cooperation to provide bank loans for the farmers by jointly issuing the “Agribank-Sinofert” banking cards to the farmers.

－ In June 2010，Both the desulphurization project and the polypeptide urea line went into successful operation at Sinochem Pingyuan Chemical Company Limited.

－ In June 2010，The Company held its 2010 annual general meeting.

－ In June 2010，The new state standards for compound (complex) fertilizers, which was jointly drafted by the National Fertilizer Quality Supervision Center (Shanghai), the Group and other organizations, went into effect.

－ In June 2010，The first Fert-Mart Superstore of the Group, a modern warehouse style store for fertilizers and other agricultural inputs, was opened in Pingdu City, Shandong Province.

－ In June 2010，The Company released the Sinofert Social Responsibility Report 2009.

－ In July 2010，Mr. Feng Zhibin succeeded Mr. Du Keping as the executive director and CEO of the Company.

－ In August 2010，The Company released its 2010 Interim Results.

－ In September 2010，Mr. Feng Zhibin, Chief Executive Officer, led the delegation for the attendance of the world fertilizer meeting hosted by the Fertilizer Institute, meeting the representatives from more than 40 international fertilizer producers, traders and industrial intelligent companies, and visited the fertilizer distribution centers and agronomic service labs of Agrium.

－ In September 2010，The Company attended the national special tender for rice additional fertilization and maturity promotion, provided fertilizer for the campaign of anti disasters and food preservation.

－ In September 2010，The subsidiary enterprise of the Company, Yantai Sinochem Crop Nutrition Ltd., developed trace element fertilizers and other various types of featured fertilizers.

－ In October 2010，The Group attended the tender of the national fertilizer commercial buffer stock and phosphate fertilizer special stock for the year 2010/2011. The Group has accomplished the fertilizer stock tasks for six consecutive years starting from 2004, making contribution for stabilizing fertilizer market supply and ensuring agricultural production and farmers’ income increasing.

－ In October 2010，The Group signed an MOU with Canpotex for the supply of potash fertilizer from 2011 to 2013.

－ In November 2010，The Group joined International Zinc Institute, strive to develop and produce zinc added fertilizers, resolve the zinc deficiency encountered by China agriculture and human health.

－ In December 2010，The Company signed an MOU with Arab Potash Company for the supply of potash fertilizer from 2011 to 2013.

－ In December 2010，The Company signed a framework agreement with Shandong Feicheng Mining Group on developing Hushan Coal Mine in Inner Mongolia Autonomous Region.