Hong Kong - China XLX Fertiliser Ltd

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Industry & Company OutlookUreaIndustry• More government supporting policiesto benefit fertiliser industry given thesummer crops yield declined• Natural gas price increase could helppush up the urea ASP• Negative impact from bad weathercould be eased in 2H10Company• Cost efficiencies further improvedfrom maintenance in 2Q10• Exploring more advancedtechnologies to further lower ourproduction costMethanol• Strong demand from DME and othermethanol downstream industries• Use of methanol as fuel additiveshould also boost demand• Cost efficiencies further improvedfrom maintenance in 2Q10CompoundFertiliser• Expect higher demand as farmersbecome more sophisticated andincreasingly use more compoundfertiliser• Capacity increase from new plantcompleted in 2H09• Exploring M&A opportunities18
Growth StrategiesContinue to focus on our core business and cost control to strengthen urea production andto maintain our leading position in the industryUpstream Production/Operation Downstream/DistributionContinue to maintaingood relationship withraw material suppliersConsider to invest in coalmines or miningcompanies and explorecooperationopportunitiesDevelop business throughvertical businessintegrationInvest on additionalproduction lines andadopt new technology toexpand capacityStrive to reduceproduction cost by usingcost-saving technologyavailableCooperate with top R&Dorganization to applymost advancedtechnologiesDevelop new coalchemicalproducts toincrease diversityContinue to maintaingood relationship withkeycustomers/distributorsStrategic cooperationwith Sinofert andSinoAgric Chain tofacilitate productdistributionContinue to seekcooperative opportunitiesto expand sales networkExpand downstreamproducts to extend valuechainTo become the mostprofitable coal-basedurea supplier in thePRCDual Listing in Hong Kong/SingaporeEffective platform for capital raisingPrudent capital management and deployment19
Page 1 and 2: For A Better Tomorrow2010 Interim R
Page 3 and 4: 1H2010 FINANCIAL RESULTS 1H2010 Fin
Page 5 and 6: 1H2010 Financial Results(RMB millio
Page 7 and 8: Sales Volume Breakdown by Product(
Page 9 and 10: Gross Profit Margins by Product% 1H
Page 11 and 12: BUSINESS REVIEWON 1H2010 OPERATIONS
Page 13 and 14: MethanolProduction Volume Utilizati
Page 15 and 16: KEY EVENTS IN 2Q2010 Railway Facili
Page 17: OUTLOOK Industry & Company Outlook
Page 21: China XLX aims to become the most p

Hong Kong - China XLX Fertiliser Ltd

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