Fujian Ribio New Technology Co., Ltd was established in June 2019 with a paid-in registered capital of 50 million yuan. It is a national high-tech enterprise specializing in the research and development, production, and sales of phosphorus chemical products and metal extractants. The company is located in No. 25, Mingxi Economic Development Zone D, a provincial-level chemical industry park, covering an area of 2700 square meters with a construction area of over 13,000 square meters. In October 2022, the company completed a Series A financing round of tens of millions of yuan and has now completed nearly 100 million yuan in investment. Relying on its self-developed core technologies, the company has built a production platform for phosphorus-containing extractants and other metal extractants, with products sold to customers in the field of metallurgy and new energy in South Korea, Indonesia, and China.

The company's R&D center is located in the Bio-Pharmaceutical Base in Daxing District, Beijing, equipped with high-end instruments such as HPLC, LC-MS, etc. It has gathered senior talents from well-known scientific research institutions at home and abroad, including Tsinghua University and Peking University. The current R&D team consists of 3 doctors, 4 masters, and 15 undergraduates. The company has established good industry-academia-research cooperation with renowned scientific research institutions such as Tsinghua University, Peking University, and the Chinese Academy of Sciences, making it one of the main research and production companies for phosphorus chemical products and metal extractants in China.