Yancheng Lvye Chemical Co., Ltd

Yancheng Luye Chemical Co., Ltd. was established at the end of December 1997 with a registered capital of 38.461539 million yuan. It currently has 965 employees and two subsidiaries, Jiangsu Luye Agrochemical Co., Ltd. and Jiangsu Lufeng Biopharmaceutical Co., Ltd. The company is a high-tech private chemical enterprise integrating scientific research, development, operation and production. It is mainly engaged in the production and operation of daily chemicals, agricultural chemicals and pharmaceutical chemical intermediates. The products cover more than 50 products in three series of daily chemicals, pharmaceutical chemicals and agricultural chemical intermediates. The company has been awarded "Jiangsu Provincial Technology Enterprise" and "Jiangsu Provincial Private Technology Enterprise". The company currently has total assets of 270 million yuan and net assets of 150 million yuan. In 2007, it achieved sales revenue of 190 million yuan and net profit of more than 25 million yuan.