Against the backdrop of mounting global food security concerns and intensifying competition for mineral resources, Sichuan Kaiyuan Group Co., Ltd., TRIKRONS (Sichuan) Technology Co., Ltd., and Chengdu Huifenghe Technology Co., Ltd. formally signed a tripartite strategic cooperation agreement in Chengdu on December 29, 2025. The three parties will jointly establish a collaborative platform focused on the development of potash resources in Central Asia. Notably, Huifenghe Technology has taken the lead in strategically locking in high-quality potash resource endowments in Central Asia. Combined with Kaiyuan Group’s mature experience in overseas potash development and TRIKRONS’s professional capital operation capabilities, this cooperation marks a major breakthrough for China in building an independently controllable potash supply system. Representatives of Central Asian partners were invited to attend and witness the signing ceremony.

Strategic Positioning: A Core Safeguard from Resource Security to Food Security

Amid the volatile market environment for non-ferrous metals such as copper and lithium, stakeholders often focus on short-term supply-demand dynamics and price trends. However, as the "food of food," potash holds strategic value far exceeding that of general commodities and is directly linked to the fundamental bottom line of national food security. As a populous country, China accounts for approximately 25% of global annual potash fertilizer consumption. Nevertheless, domestic potash resources are limited, with import dependence remaining above 50% for a long time, rendering the supply chain highly vulnerable to multiple risks including geopolitics, international monopolistic alliances, and logistics disruptions.

Unlike the "developmental demand" for non-ferrous metals, potash is a "survival resource," whose supply stability directly determines grain output and agricultural security. This tripartite cooperation strengthens China’s independent control over critical resources by securing high-quality overseas potash resources, consolidating the resource foundation for food security.

Resource Endowment: Huifenghe Technology Secures High-Quality Potash Target Zones in Central Asia

As the resource foundation of this cooperation, Huifenghe Technology, with its forward-looking global resource layout capabilities, has systematically completed the investigation, evaluation, and target zone locking of potash resources in Central Asia. Central Asia hosts globally scarce and high-quality potash deposits characterized by large resource scales and favorable mining conditions. Through localized networks and in-depth partnerships, Huifenghe Technology has successfully secured potash exploration and mining target zones with the highest development value, laying a scarce resource foundation for the rapid advancement of the project. This resource lock-in greatly reduces pre-project risks and captures a critical window for ensuring potash supply security.

Technology Sector: Kaiyuan Group Replicates Successful Potash Experience from Laos

As the core of the technology sector, Kaiyuan Group will be fully responsible for establishing the technical system and operational management of potash development. As a leading Chinese enterprise in the “going global” strategy for potash, its Laos project achieved a breakthrough in the industrialized production of overseas potash by China, with a production base capable of producing 1 million tonnes of potassium chloride per year. It also tackled technical challenges in mining under complex geological conditions.

In this cooperation, Kaiyuan Group will introduce its mature potash development technology system, international operation and management experience, and cross-border supply chain solutions, providing full-process technical support for the Central Asia project—from mine construction to production and operation. The solution mining technology, adaptive processes, and cross-border logistics system accumulated in the Laos project will be directly transferred to the Central Asia project, realizing an efficient integration of “proven experience + high-quality resources” and greatly improving the project’s success rate.

Capital Sector: TRIKRONS Innovates Capital Operation Model

As the core of the capital sector, TRIKRONS will be responsible for the project’s capital operation, investment and financing arrangements, and value enhancement. With professional investment experience in the mining industry and an innovative capital operation model, TRIKRONS will provide full-cycle funding and financial support for the project. By designing diversified financing plans, introducing strategic investors, and optimizing the capital structure, it will ensure the sustainable development and value maximization of the project.

Synergy Mechanism: Three-Wheel Drive of Resources, Technology and Capital

Resource Sector (Huifenghe): Provides locked high-quality potash target zones. With forward-looking layout and professional judgment, Huifenghe has completed systematic surveys and target zone locking of high-quality potash resources in Central Asia, securing scarce and development-worthy core resources for the project and laying a solid resource foundation.

Technology Sector (Kaiyuan Group): Provides full-process technical support and operational management. Kaiyuan Group has been ranked among the “Top 100 Private Enterprises in Sichuan” and “Top 100 Enterprises in Chengdu” for consecutive years. It has been honored as a “Leading Enterprise in China’s Agricultural Materials Circulation” and awarded AA-level credit certification. With solid industry accumulation and sound corporate reputation, it provides reliable technical and operational guarantees for the project.

Capital Sector (TRIKRONS): Empowers through a dual-wheel drive of “Industry + Capital.” It integrates industrial resources and provides professional capital operation and full-process investment and financing support. This model promotes simultaneous progress in resource locking, technology empowerment, and coordinated “Industry + Capital” operation, achieving efficient full-cycle collaboration and controllable risks for the project.

Project Outlook: Building a New Benchmark for Resource Cooperation under the Belt and Road Initiative

In accordance with the agreement, the cooperation platform will immediately launch pre-development work in the locked resource areas, with the first-phase exploration planned to be completed in 2026. Upon completion, the project is expected to form a potash supply capacity of one million tonnes per year, becoming an important part of China’s overseas potash supply chain system.

This cooperation is not only a commercial win-win among enterprises but also an innovative practice for Chinese enterprises to serve national food security through precise layout and professional synergy in the global resource landscape.