Formed Daying County Haoyuan Chemical Company,Limited( "DCHC") . Created partnership with Government of Daying County to explore for natural gas resources and brine resources.
Found natural gas resources under its brine well in Sichuan Province.
February 2015
Acquired Shouguang City Rongyuan Chemical Co, Ltd. (“SCRC”). a leading manufacturer of materials for human and animal antibiotics in China and other parts of Asia. Merged SCRC into Shouguang City Haoyuan Chemical Company (SCHC)
May 2015
First natural gas well reports strong test results.
November 2015
Entered into a Project Investment Agreement with the People’s Government of Daying County in Sichuan Province for the exploration and development of natural gas and brine resources (including bromine and crude salt).
August 2016
Merged its two chemical divisions together.
November 2016
Factory #6 closed by order of the local government because it impinged on farm land.
January 2017
Completed construction of first natural gas and brine facility test well.
September 2017
Closed bromine and crude salt facilities for rectification by order of the government.
November 2017
Government rules that company must relocate its chemical factories to a site in a new chemical industrial park.
July 2018
New government regulations cause further delay in reopening bromine and crude salt factories.
September 2018
Government forces the closing of factories #3,#4, and #11 for environmental reasons.
April 2019
Government approves the reopening of factories #1 and #7. Production commences.
June 2019
Trial production at natural gas well in Sichuan Province suspended so company can comply with new environmental regulations.
August 2019
Typhoon Lekima, the costliest typhoon in Chinese history floods Shandong Province, forcing the company to close al of its facilities. a
January 2020
Reverse 1-5 stock split.
March 2020
Government approves the reopening of factories #1,#7,#4 and #9.
April 2020
Factories #1,#7, #4, and #9 reopen.
May 2020
Construction of new chemical factory commences.
