Yuancheng Group, also known as Wuhan Yuancheng Technology Development Co., Ltd., is a Chinese chemical manufacturing company headquartered in Wuhan, China. The company is a notable supplier of precursors for the manufacturing of illicit drugs, such as Methamphetamine and Fentanyl. Yuancheng has approximately 700 employees and 30 locations across China.^[1] Yuancheng is designated as a New and High Technology Enterprise and therefore receives additional incentives from the Chinese government.^[2][3]

The COVID-19 pandemic lockdown in China restricted the supply of precursors and resulted in price increases of street drugs in the USA.^[4] The supply shortages resulted in price increases and shortages in illegal drugs that were noticed on the streets of the UK.^[5] US law enforcement also told the NY Post that Mexican drug cartels were having difficulty in obtaining precursors.^{[6][unreliable source?]}