First, Wanhua Chemical industry absolute leader, industry benchmark
Wanhua Chemical Group Co., Ltd. was founded in 1978 and listed in Shanghai Stock Exchange in 2001. Wanhua Chemical takes technological innovation as the first core competitiveness and has a very competitive MDI manufacturing technology, a complete ADI manufacturing technology and a complete C2/C3/C4 petrochemical industry chain. The business focuses on the three major industrial platforms of polyurethane, petrochemical and fine chemicals, and the related products are widely used in all aspects of national life such as home life, sports and leisure, automobile transportation, construction industry and electronics and electricity.
The operating income of Wanhua Chemical has increased year by year, and the net profit has exceeded 10 billion for three consecutive years, and the sales income has reached nearly 100 billion. The company has a total of more than 16,000 employees worldwide and 13,000 domestic employees, including more than 200 doctoral students, more than 2,000 master students and more than 3,300 bachelor students, with an average age of 30 years old.
The company has production bases in Yantai, Ningbo, Sichuan, Fujian and Hungary to build a high-end, digital and integrated green ecological chemical park. With R&D centers in Yantai, Beijing, Ningbo, Fujian, Sichuan, North America and Europe at home and abroad, it has formed an innovative R&D system from basic research, engineering development, process optimization to product application research and development. And successfully set up the "National polyurethane engineering technology Research Center", "Polymer surface material preparation technology National Engineering laboratory", "National recognized enterprise technology center", "academician workstation", "postdoctoral research workstation" and other 15 national laboratories, workstations and industry innovation platforms.
Wanhua Chemical will "Chemistry, make life better!" As our mission, we are committed to creating a world-class chemical new material company that is respected by the society and proud of our employees! And will continue to innovate in the field of new chemical materials, lead the development direction of the industry, and create a better life for human beings!
Second, Hengyi stone PTA leader, main polyester and nylon, the logic is mainly valuation repair
Hengyi Petrochemical is committed to developing into one of the leading domestic and world-class petrochemical industry groups. By realizing resource sharing and industrial synergy, Hengyi Petrochemical has gradually formed a petrochemical industry chain driven by "polyester + nylon" as its core business, and petrochemical finance and petrochemical trade as its growth business. Chemical fiber industry big data, intelligent manufacturing for the emerging business of "petrochemical +" multi-level industrial layout.
The company's comprehensive competitive advantage has been in the forefront of the industry for many years. The main products include refined terephthalic acid (PTA), and the participating capacity reaches 13.5 million tons; Caprolactam (CPL) production capacity of 300,000 tons; Polyester (PET) slice, bottle sheet, polyester preoriented wire (POY), polyester draft wire (FDY), polyester elastic wire (DTY), staple fiber and other differentiated products, the total capacity of the participating holdings is 4.1 million tons. Polyester products are widely used and closely related to the needs of the national economy and people's livelihood, mainly used in textile and clothing, home textiles and industrial applications. In the field of differentiation and high value-added products, the company's "Yitai Kang" antimony-free environmental protection polyester chips and fibers, cationic polyester chips and fibers, ultra-high elastic fiber, imitation rabbit hair fiber, shaped silk, color silk, master silk, escape bamboo silk, escape dragon silk, Yitai silk and other differential products have begun to take shape.
At the same time, the Company holds 748,069,283 shares (4.00%) of Zheshang Bank, which was listed on the Hong Kong Stock Exchange on March 30, 2016. On November 26, 2019, Zheshang Bank was listed on the Shanghai Stock Exchange. For a long time, Hengyi has unswervably extended upstream around the chemical fiber and petrochemical industry chain, expanded industrial supporting functions, enriched petrochemical products, and strives to build Hengyi into one of the world-class petrochemical industry groups. The successful listing linkage of "AH" shares of Zheshang Bank not only provides stable income and value-added sources for the company, but also is a milestone of the strategic layout of the company's "industry and finance interaction".
Since its establishment, the company has closely focused on the strategic policy of "consolidating, highlighting and enhancing the competitiveness of the main business", and has joined forces with strategic partners to achieve complementary advantages and continue to extend to the upstream of the petrochemical industry chain. In the future, the company will make great strides forward with the help of Brunei PMB petrochemical project. The project is a refinery and chemical integration project with crude oil and condensate as raw materials cooperated by the company and the government of Brunei, which is a key construction project of the national "Belt and Road" and has high strategic significance. It is a key step taken by the company to the strategic goal of international production capacity cooperation and industrial chain integration, and will be built into a model of friendly cooperation between the two countries.
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