In 1976, after graduating from City No. 1 middle school and returning to work in Jia Xi village, Changqing Township, Li Yanxia, he was pferred to the Chemical Auxiliaries Factory of Jia Xi village in 1992 to take part in the management work.

1999 pformed from collective enterprise to private enterprise in the year of Li Yanxia. As one of the operators at that time, with the support of leaders, friends and family, he bought out the management rights and ownership of Qingyuan Chemical Auxiliaries Factory and began the course of starting an undertaking.

The purchase of Qingyuan Chemical Auxiliaries Factory requires 400 thousand yuan of funds to maintain the normal operation of the enterprise, and it also needs 300 thousand yuan of liquidity.

This 700 thousand yuan of funds how to solve, after consultation with family members, Li Yanxia decided to take 3 ways. First, relatives get together, all relatives of Li Yanxia family entered the stock market, raising funds to 180 thousand yuan; two, they used the way of raising funds, borrowed money from friends, colleagues, neighbors and villagers, and borrowed a total of 140 thousand yuan; three was lending to banks, because of the good reputation of Li Yanxia, the prospects for development were good, and the bank gave loans to 400 thousand yuan.

A total of 740 thousand yuan was raised, and some raw materials were bought on account of the original customer relationship. The funds and raw materials were also available. Qingyuan chemical auxiliaries plant went on the track of normal operation.

Before the buyout, enterprises only have one category of chemical reagents, with a single product and low market share.

With the support and support of the Municipal Science and Technology Bureau, they have raised funds through the self financing of enterprises, the declaration of science and technology projects, and cooperation with scientific research institutes, and developed new products. They have developed new products such as rubbing agents, paint removers, metal processing aids, industrial cleaning agents and so on.

In 2003, the company developed and developed the paper auxiliaries such as dispersed rosin glue and liquid aluminum sulfate, and won the bid at the product ordering meeting of the paper mill. Although the product is low in profit, the market demand is large, and it can ensure that the workers have been working all the year round, so that the scale of the production of the enterprise has reached a new stage.

Last year, with the help of the Municipal Science and Technology Bureau, they invested 300 thousand yuan in importing and producing a more neutral sizing agent (AKD).

By taking the road of developing enterprises through science and technology, products have developed from the original single category to the 5 categories of chemical reagents, diluents, industrial cleaning agents, metal processing aids and paper auxiliaries. Among them, neutral sizing agents (AKD) and wet strength agents have filled the gaps in the province.

In 2004, enterprises need to pport 300 tons of solid aluminum sulfate from Jinzhou every month, and hire more cars. If they buy a large pport vehicle, they need a large sum of money. In only 3 days, the employees will raise about 300000 yuan.

In December 1, 2004, the newly purchased large pport vehicles started.

Li Yanxia is a place where he grows, lives and works.

This year, Russia imported a large amount of solid aluminum sulfate from Jinzhou.

Jiamusi adjoins Russia and has unique geographical advantages.

Jinzhou is very willing to work with Li Yanxia to produce solid aluminum sulfate, but the plant's pitch is too small for joint operation.

In order to buy more venues, Li Yanxia is faced with the problem of raising funds.

Li Yanxia raised about 1300000 yuan in Jia Xi village, plus her own accumulated about 700000 yuan of funds, a total of 2 million 70 thousand yuan, bought out more than 20 thousand square meters of property of the chemical reagent glass equipment procurement and supply station warehouse, which laid a solid foundation for the development and growth of the enterprise.

Through years of efforts, the economic efficiency and scale of enterprises have made considerable progress. Sales revenue has increased from several hundred thousand yuan to 4 million 900 thousand yuan now, and the tax paid has risen from 23 thousand yuan to 140 thousand yuan.