Recently, Meibao won the bid for the heat exchange hot air furnace of SDIC Xinjiang Luobupo Hoevellite Co., Ltd's water-soluble potassium sulfate industrial test project at a price of 4.98 million yuan. At present, the contract has been signed in accordance with the bidding requirements and procedures and implemented as planned. Meibao won the bid for SDIC Xinjiang Luobupo Hoevellite Co., Ltd’s potash hot air furnace project again. "Meibao furnace" in the multiple application of potash industry since 2006, such as Qinghai Salt Lake Group, Qinghai Citic Guoan Technology Development Co., Ltd., Qinghai Lianyu Potash Co., Ltd., Sichuan Kaiyuan Group Laos Kaiyuan Mining Co., Ltd., Qinghai Bindi Potash Co., Ltd., Sino-Agri International potash Co.,Ltd. (Laos), etc.

SDIC Xinjiang Luobupo Hoevellite Co., Ltd was established in September 2000. It is a holding company of the SDIC, with total assets of 6.48 billion yuan. The main business is to develop the natural brine resources of Lop Nur to produce potassium sulfate. The company has an annual output of 1.6 million tons of potassium sulfate production equipment and an annual output of 100,000 tons of potassium magnesium sulfate production equipment, it is the world's largest monomer potassium sulfate production enterprise. The company has a national-level enterprise technology center. In 2004, the company's "Study on Development and Utilization of Potassium Resources in Lop Nur Region" won the first prize of National Science and Technology Progress. In 2013, the company's "Lop Nur Salt Lake 1.2 million tons/year Potassium Sulfate Complete Technology Development" won the first prize of National Science and Technology Progress.