Since the beginning of this year, affected by the COVID-19 pandemic, the global economy has suffered a severe blow, and fertilizer exports are facing serious challenges. In the second half of the year, China will enter the off-season for fertilizer use. Several factors—including the global fertilizer market situation, the implementation of a new fertilizer reserve system, natural gas pricing policies, new environmental protection and production restriction measures for the autumn and winter seasons, and the resumption of production by industrial urea users—will all influence the economic performance of the nitrogen fertilizer industry. To analyze the market conditions and economic performance of the nitrogen fertilizer industry both domestically and internationally in the second half of the year, as well as to study appropriate response measures, the China Nitrogen Fertilizer Industry Association has decided to hold the “Symposium for Key Nitrogen Fertilizer Enterprises and the 2020 China Nitrogen Fertilizer Industry Association International Trade Coordination Committee Meeting” from July 1 to 2, 2020, in Yinchuan, Ningxia. The following matters concerning the meeting are hereby notified:

I. Conference Organization

Organizer: China Nitrogen Fertilizer Industry Association

Co-organizer: Zhengzhou Commodity Exchange

Supporting Organization: Mengtuoling Logistics Industry Platform

II. Meeting Content

1. Summarize and share the domestic nitrogen fertilizer production and market conditions for 2019 and the first half of 2020.

2. Summarize and share the import and export situation of nitrogen fertilizers for 2019 and the first half of 2020.

3. Analyze the global nitrogen fertilizer market situation and corresponding countermeasures for the second half of 2020;

4. Analyze the export situation and countermeasures for nitrogen fertilizers in China during the second half of 2020.

5. Analyze the impact of the reform of the national fertilizer reserve system on the market and propose corresponding countermeasures.

6. Exchange and analyze the impact of the domestic and international COVID-19 pandemic on the fertilizer market;

7. Analyze the impact of coal market trends in the second half of 2020 on the fertilizer market.

8. Analyze the impact of natural gas pricing reform on enterprises and propose corresponding countermeasures;

9. Exchange of views on the construction of a modern logistics system for fertilizers and related recommendations;

10. Study the key priorities of the International Trade Coordination Committee’s work;

11. Analyze the performance of urea futures and their impact on the spot market for nitrogen fertilizers.

III. Meeting Preparation

1. Please ask the Association’s Information and Marketing Department to prepare materials on “Domestic Nitrogen Fertilizer Production in 2019 and the First Half of 2020, along with a Forecast for the Second Half of 2020” and “China’s Import and Export Situation of Nitrogen Fertilizers in 2019 and the First Half of 2020, together with an Analysis of the Current Situation.”

2. Please have China National Agricultural Group Holdings Co., Ltd. prepare the materials for the “Analysis of the International Urea Market Situation in the Second Half of 2020.”

3. Please have Jiangsu Huachang Chemical Co., Ltd. prepare the materials for the “Analysis of the Export Situation for Compound Fertilizers in the Second Half of 2020.”

4. Please have Sinochem Fertilizer Co., Ltd. prepare the materials for the “Analysis of the Export Situation for Ammonium Chloride in the Second Half of 2020.”

5. Please have Yantai Wuzhoufeng Company prepare the materials for the “Analysis of the Export Situation for Ammonium Sulfate in the Second Half of 2020.”

6. Please have Yuntianhua Co., Ltd. prepare the materials for the “Analysis of the Phosphate Ammonium Export Situation in the Second Half of 2020.”

7. Please have the Zhengzhou Commodity Exchange prepare materials introducing the “Rules and Operational Status of Urea Futures Contracts.”

8. Please have Shanxi Jincheng Coal Group prepare materials for the “Analysis of the Coal Market Situation in the Second Half of 2020.”

9. Please have gas-based fertilizer enterprises such as Sinochem Chemical, Liaoning Huajin, Shuifu Yuntianhua, Sichuan Jinxiang, Luzhou Tianhua, Chongqing Jianfeng, Hubei Yihua, Ordos Chemical, Qinghai Yuntianhua, and Zhongyuan Dahua prepare materials on “The Impact of Natural Gas Price Policies on Enterprises and Corresponding Countermeasures.”

10. Please have enterprises such as Zhongmei, Shanxi Tianze, Shandong Alliance, Hubei Yihua, and Jiangsu Linggu prepare materials on “Progress and Recommendations for Building a Modern Fertilizer Logistics System.”

IV. Participants

1. Leaders of key nitrogen fertilizer production enterprises and key nitrogen fertilizer trading and distribution enterprises;

2. Leaders of member units of the Market Trade Committee and the International Trade Coordination Committee of the China Nitrogen Fertilizer Industry Association;

3. Invite leaders from key fertilizer ports, logistics companies, and futures firms to attend the meeting;

4. We invite leaders from relevant government departments, such as the National Development and Reform Commission and the Ministry of Commerce, to attend and provide guidance.

V. Meeting Schedule and Arrangements: Check in on June 30; the meeting will begin on July 1; on July 2, we will visit Ningxia Petrochemical and Ningxia Hening Chemical.

6. Meeting Location

Ningxia, Yinchuan, Yinchuan International Exchange Center

Address: No. 222, Qinshui North Avenue, Jinfeng District, Yinchuan City

Transportation routes:

1. Airplane: Yinchuan Hedong Airport, located 26.4 kilometers from the hotel and southeast of the hotel. The taxi fare (one-way) is RMB 100, and the taxi ride takes approximately 50 minutes.

2. Train: Yinchuan Railway Station is 4.2 kilometers from the hotel, located southwest of the hotel. A one-way taxi ride costs RMB 15 and takes approximately 15 minutes.

VII. COVID-19 Prevention and Control Requirements

According to the local epidemic prevention and control requirements in Yinchuan, delegates who have come from or visited overseas, Wuhan City, Jilin City, or other similar areas within the past 14 days must provide a negative nucleic acid test report issued within 7 days. All delegates are required to present their personal health codes. To avoid any outbreaks and unnecessary complications, please be sure to make the necessary preparations in advance. (If there are any changes to the local epidemic prevention and control measures, the latest requirements shall prevail.)

8. Conference Fee: RMB 2,200 per person. Members who paid the 2019 conference fee will be charged RMB 2,000 per person (for details, please contact 010-82032113). The conference fee includes (conference fees, catering, and tour expenses).

Remittance Account: 0200022309014421348 Account Holder: China Nitrogen Fertilizer Industry Association

Opening Bank: ICBC Beijing Liupukang Sub-branch (Please indicate “Yinchuan Nitrogen Fertilizer Conference”)

Contact: Li Hui, Tel.: 010-82032113.

9. Association Contact Person

Han Yueming Phone: 010-82039951 Mobile: 17801016486

Wu Junhua | Phone: 010-82032099 | Mobile: 13811458122

Zhang Feng Phone: 010-82032099 Mobile: 18910500206

Fax: 010-82038259, 82032742

Email:   zgdfgyxh@163.com

June 1, 2020