A JV of Chengxing and Yuanyuan Co., Ltd. of 55% vs 45%. Mile has more than 600 employees with annual capacity of over 60,000 tons. It owns two phosphorus mines, and a Hydropower station with 108,000KW capacity. It has been titled of "Benchmark Enterprise for Energy Efficiency" of yellow phosphorus industry for years, and awarded the "Outstanding Tax Payer" from local government.