Inner Mongolia Yuan Xing Energy

What Inner Mongolia Yuan Xing Energy does

Inner Mongolia Yuan Xing Energy Co., Ltd. (内蒙古博源化工股份有限公司), publicly listed on the Shenzhen Stock Exchange under stock code 000683 and controlled by Boyuan Group (博源集团), is a diversified resource-to-chemical platform built around three integrated business segments: natural soda ash (纯碱) and baking soda (小苏打) production, coal-to-fertilizer chemicals, and coal mining, supplemented by the B2B e-commerce platform Yifei.com. The natural soda ash and baking soda segment is anchored by Zhongyuan Chemical (中源化学) in Tongbai, Henan (China's "natural soda capital"), with additional operations at Sunit Alkali in Xilin Gol and Boyuan Yingen Mining in Alxa. Production capacity is approximately 1.33 million tons per annum of soda ash and 1 million tons per annum of baking soda, with planned expansion into premium food-grade product lines. The coal-to-chemical segment operates through Bodu Shidi Chemical (博大实地化学), which produces roughly 580k tons of synthetic ammonia and 1 million tons of urea annually (plus compound fertilizer, sulfuric acid, and CO2 byproducts), and Xing'an Boyuan Chemical (兴安博源), which is constructing a 300k tons ammonia / 520k tons multi-purpose urea facility in Xing'an League using lignite feedstock. Coal mining operations at Bayangou Coal Mine (Wantu Gou) feed internal coal-to-chemical consumption and external trading. The company's distribution model is multi-channel: a wholly-owned trading subsidiary (Boyuan Trading) handles industrial bulk sales, Yifei.com serves as a B2B platform for the chemical fertilizer industry chain (with cumulative transactions exceeding 2 billion CNY by end-2016), and direct-to-consumer storefronts on Tmall, Taobao, and Pinduoduo sell daily-use baking soda. Customers span a wide end-market mix including light industry, construction materials, food processing, metallurgy, textiles, petroleum, defense, pharmaceuticals (for soda ash and baking soda), and agriculture (for urea and compound fertilizer). Revenue mechanics rely on commodity-priced one-time sales for industrial products and a transaction-fee model on the Yifei.com platform. The company completed a 2.605 billion CNY non-public share issuance in September 2016 and has continued to expand capacity through the 2017 premium baking soda project and the 2023 Alxa natural soda ash Phase 1 completion, with management holding recognized ESG leadership positions (national water-efficiency leader, MIIT advanced collective, ISO recertifications).

Name

Inner Mongolia Yuan Xing Energy

Legal name

内蒙古博源化工股份有限公司

Website

https://www.berunchem.com

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Inner Mongolia Yuan Xing Energy is a publicly listed (Shenzhen: 000683) resource-to-chemical group under Boyuan Group producing natural soda ash, baking soda, coal-to-fertilizer products, and coal, distributed via industrial trading, B2B platform Yifei.com, and consumer e-commerce.

Ownership category

akta.pro rank

Product category

Basic Industrial Chemicals (soda ash, baking soda, coal chemicals and fertilizers)

NAICS

Basic Chemical Manufacturing (3251), Nitrogenous Fertilizer Manufacturing (325311), Petroleum and Coal Products Manufacturing (3241)

SIC

Industrial Inorganic Chemicals (2810), Bituminous Coal & Lignite Mining (1220), Miscellaneous Chemical Products (2890)

akta.pro primary industry

Soda Ash & Industrial Carbonates (IMAEAAAH)

akta.pro secondary industries

Ammonia & Nitrogen Feedstocks (Ammonia, Urea, Nitrates) (EUALAHAG), NPK/Compound & Blended Fertilizers (Granular Blends, Bulk Blending) (AFABABAD), Industrial Minerals Trading (Phosphate, Potash, Sulfur, Borates, Barite, Talc) (IMAKAJAF)

Keywords

• Natural soda ash
• Baking soda production
• Coal-to-chemicals
• Urea fertilizers
• B2B fertilizer e-commerce

Headquarters

HQ city

Dongsheng

HQ country

China

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. 纯碱及小苏打生产销售: 公司通过中源化学等子公司生产销售纯碱和小苏打产品，纯碱年产能约133万吨，小苏打年产能约100万吨，产品远销国内外市场。
2. 尿素及化肥产品生产销售: 博大实地年产100万吨尿素，兴安博源年产52万吨尿素，同时生产复混肥等产品。通过博源运销公司及易肥网平台开展销售。
3. 煤炭生产与贸易: 公司运营博源煤化工湾图沟煤矿，同时开展煤炭贸易业务。通过博源运销公司及今日商贸等平台运作，构建煤炭大贸易格局，年产煤炭约数百万吨。
4. 甲醇及煤化工产品: 公司生产甲醇、DMF等煤化工产品，并通过期货、现货结合的方式开展销售贸易。
5. 易肥网平台服务: 易肥网作为化肥全产业链B2B电商平台，通过撮合交易、仓储物流、金融服务等增值服务获取收入，采用平台交易服务模式。平台累计交易额已突破20亿元。

Go-to-market motion4 records

Distribution channels4 records

Marketing channels6 records

Core offering

Inner Mongolia Yuan Xing Energy is a publicly listed diversified chemical manufacturer producing natural soda ash (capacity 1.33 million tpa), baking soda (capacity 1 million tpa), synthetic ammonia and urea (1 million tpa urea at Bodashidi plus 520,000 tpa at Xing'an Boyuan), compound fertilizers, and coal from Wantugou coal mine. It also operates the Yifei.com B2B e-commerce platform that connects fertilizer manufacturers, distributors, and growers for online trading, warehousing, logistics, and internet finance.

Product overview

内蒙古远兴能源股份有限公司是一家以天然碱和煤化工为主导产业的大型化工企业，采用平台化产品组合架构。主要产品包括：纯碱和小苏打（由中源化学公司生产，采用天然碱资源）、尿素和复混肥（由博大实地和兴安化学公司以煤化工方式生产）、煤炭（由博源煤化工公司生产）。旗下易肥网作为化肥全产业链电商平台，整合线上交易、仓储物流和互联网金融服务，构建'肥料在线交易环境'。产品涵盖化工原料、日用产品、肥料等多个领域，形成了从资源开采到化工生产再到电商销售的完整产业链布局。

Differentiator

Problem solved

Functional benefit

Brands

• 易肥网 (Yifei.com): 化肥全产业链大宗商品交易的电商平台 (Fertilizer whole industry chain commodity trading e-commerce platform) operated by 远通天下电子商务有限公司, launched in April 2016.
• 中源化学
• 博大实地

Products and services

• Soda Ash (纯碱 / Sodium Carbonate) Sodium carbonate (Na2CO3) produced from natural soda ash resources at Zhongyuan Chemical in Tongbai County, Henan Province, with annual capacity of 1.33 million tonnes. Used as a raw material for manufacturing other chemicals, in cleaning agents and detergents, and applied across light industry daily chemicals, building materials, chemical industry, food industry, metallurgy, textiles, petroleum, defense, pharmaceuticals, photography and analytical fields.
• Baking Soda (小苏打 / Sodium Bicarbonate) Sodium bicarbonate produced by Zhongyuan Chemical and other group subsidiaries from natural underground mineral deposits at 2,500 meters depth using a physical purification process with no chemical synthesis or additives. Industrial-grade for food processing, daily cleaning, and other industrial applications; total group capacity 1 million tpa.
• Daily-use Baking Soda Products (日用小苏打产品) Pure natural green food-grade baking soda products from natural underground mineral deposits, free of contamination, produced via physical purification (non-chemical synthesis, zero additives) without lead, arsenic, or other harmful impurities. Sold to consumers through Tmall, Taobao and Pinduoduo e-commerce storefronts for food-grade and household use.
• Urea and Compound Fertilizers (尿素及复混肥) Synthetic ammonia, urea (including medium-granule urea, small-granule urea), and compound fertilizers produced from coal. Bodashidi (Inner Mongolia) produces 580,000 tpa synthetic ammonia, 1 million tpa urea, 100,000 tpa compound fertilizer; Xing'an Boyuan produces 300,000 tpa synthetic ammonia and 520,000 tpa multi-purpose urea. Distributed nationally to fertilizer distributors and agricultural producers via the Boyuan sales network and Yifei.com platform.
• Coal (煤炭) Coal produced from Wantugou coal mine and Bayangou coal mine operated by the group's coal subsidiaries. Self-produced plus traded coal volume is in the range of several million tonnes annually. Distributed for industrial production and power generation; supported by digital coal blending technology that allows customized blends.
• Yifei.com (易肥网) B2B E-commerce Platform B2B e-commerce trading platform connecting fertilizer manufacturers, distributors, and growers across the fertilizer industry chain. Provides online trading matchmaking, warehousing and logistics, and internet financial services. Operates on a transaction-fee SaaS model with strategic partnerships with China Construction Bank and Suning Finance for payment and supply chain finance.

Quantifiable outcome

• 中源化学制造中心2016年提前三天完成年度生产任务，纯碱133.27万吨，小苏打42.61万吨
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• 河南省总工会、发改委、生态环境厅minorOthers · 28 September 2023中源化学公司在河南省总工会、发改委和生态环境厅共同举办的节能减排绿色发展竞赛中荣获先进集体荣誉。
• 中国科学院院士涂永强minorStrategic or Co-development Partner · 15 August 2022中国科学院院士涂永强教授到兴安博源公司调研，双方就化工技术领域进行交流探讨。
• 用友网络科技股份有限公司coreTechnology or Integration · 13 June 2017远兴能源与用友签署长期战略合作框架协议，在企业信息化系统建设、管理软件应用等领域开展深度合作，用友提供ERP、OA等企业管理系统支持。
• 苏宁金融coreGTM or Marketing Partner · 26 December 2016易肥网与苏宁金融达成全方位战略合作，在订单融资、货权融资、应收融资、理财等领域为平台客户提供全面的金融服务解决方案。
• 华中农业大学（吴礼树教授）coreStrategic or Co-development Partner · 26 December 2016华中农业大学吴礼树教授与易肥网联合发起成立易肥网华大新肥商学院，聚合肥料行业专家、科研院所资源，共同推动新型肥料的研发与推广。
• 软通动力coreTechnology or Integration · 26 December 2016易肥网由远通天下电子商务有限公司与软通动力强强联合打造，共同构建化肥全产业链电商新模式。
• 中国建设银行coreGTM or Marketing Partner · 1 December 2016建设银行与易肥网建立战略合作关系，建行汇票贴现、E商贸通在易肥网平台成功上线，为肥料产品在线交易打通支付接口，提供金融服务支持。
• 锦州港、青岛港、烟台港minorGTM or Marketing Partner · 30 September 2016易肥网与锦州港、青岛港、烟台港建立港口和仓储合作，为平台用户提供物流仓储配套服务。
• 内蒙古资源网、福佑卡车minorGTM or Marketing Partner · 30 September 2016易肥网与内蒙古资源网、福佑卡车建立物流合作关系，为平台用户提供货物运输服务。
• 郑州商品交易所coreStrategic or Co-development Partner · 15 April 2016郑州商品交易所与远兴公司在甲醇期货品种上开展合作，远兴公司积极参与甲醇期货交易，作为甲醇交割厂库参与期货市场。

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• 兖矿能源 (Yankuang Energy): Large Chinese coal mining and coal-to-chemicals conglomerate with substantial urea and methanol capacity; comparable to Yuanxing's captive coal mining and coal-to-fertilizer chain, though broader in scope.
• Tata Chemicals: Global soda ash producer (among world's largest) with operations in India, UK, US, and Kenya; broad incumbent peer for benchmarking Yuanxing's natural soda ash economics, technology, and global pricing.
• 中煤能源 (China Coal Energy): China's major coal producer with large fertilizer (urea) and coal-to-chemicals operations; broad incumbent comparable to Yuanxing's integrated coal-to-fertilizer model and Wantugou coal mine.
• Tronox Holdings: Global integrated TiO2/soda ash producer with large natural soda ash operations in Wyoming and Turkey; provides a global natural soda ash benchmark for cost and pricing dynamics relevant to Yuanxing's Tongbai and Alxa operations.

Direct peers

• 华鲁恒升 (Hualu-Hengsheng): Chinese coal-to-chemicals leader with large urea, DMF, and acetic acid production; comparable to Yuanxing's coal-to-ammonia/urea/DMF products and competing in overlapping downstream markets.
• 三友化工 (Sanyou Chemical): One of China's largest soda ash producers (combined with viscose and PVC chemicals); directly comparable to Yuanxing in soda ash production scale, technology, and downstream customer base across glass/chemicals/food applications.
• 云图控股 (Yuntu Holdings): Chinese compound fertilizer and nitrogenous/phosphate producer with integrated chemicals operations; directly comparable to Yuanxing's Bodashidi/Xing'an Meng Boyuan urea and compound fertilizer business.
• 美丰化工 (SinoFert / China BlueChemical): Chinese nitrogenous fertilizer producer (urea, compound fertilizer) competing directly with Bodashidi and Xing'an Meng Boyuan; comparable on product mix, customer base, and agricultural downstream exposure.
• 山东海化 (Shandong Haihua): Major Chinese soda ash manufacturer (via the Solvay process) and a leading soda ash competitor to Zhongyuan Chemical; comparable on soda ash capacity, customer mix, and pricing dynamics.
• 史丹利 (Stanley Agricultural Group): Leading Chinese compound fertilizer brand and producer; comparable as a downstream customer/competitor to Yuanxing's compound fertilizer product line (Bodashidi 10万吨/yr compound fertilizer).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/inner-mongolia-yuan-xing-energy-company-limited

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries12 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Inner Mongolia Yuan Xing Energy