Yingcheng Chemical Co. Ltd auctioned the bankruptcy assets of Hubei Chengfeng Technology Co. Ltd., and established a wholly-owned subsidiary, Garsoni (Jingzhou) Fertilizer Co. Ltd. to undertake the bankruptcy assets of Chengfeng Technology, and invested in the construction of 600,000 tons of controlled release fertilizer, 300,000 tons of ore dressing production line and 50,000 tons of calcium chloride production line.