Jiangxi Yongshun New Material Co., Ltd., formerly known as Leping United Chemical Co., Ltd., was renamed after the acquisition and restructuring of "Leping United Chemical Co., Ltd." in November 2020. The company has a registered capital of 30 million yuan and covers a total area of 45,661.5 square meters. In January 2025, Jiangxi Yongshun New Material Co., Ltd. wholly acquired Leping Zhongsheng Chemical Co., Ltd. Currently, the company employs over 200 people, with 95% being local residents of Leping.
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