| Shandong
Hualu-Hengsheng Group Co., Ltd. is one of China¡¯s top 100
petroleum and chemical industry enterprises in terms of overall
performance and one of 200 key enterprise groups in Shandong
Province, with a total asset of over 5 billion RMB and a
workforce of 3,300 employees. Its products include four series,
namely, chemical fertilizers, chemical products,
thermoelectricity and industrial gases, with an annual
production capacity of 1 million tons of carbamide, 1 million
tons of carbinol, 230,000 tons of DMF, 20,000 tons of mixed
methylamine, 200 megawatts of electricity, 20 million GJ heat
supply and 100,000 tons of industrial gases. It is one of the
national large-scale chemical fertilizer manufacturers and the
largest DMF suppliers worldwide. Its leading product, ¡°Youyi¡±
Brand carbamide, is named a China Top Brand and a national
inspection-free product.
At present, the Group has four holding
subsidiaries. Its core holding enterprise, Shandong
Hualu-Hengsheng Chemical Co., Ltd. (stock name ¡°Hualu-Hengsheng¡±,
stock code 600426) was listed on Shanghai Stock Exchange in June
2002. It has grown rapidly after being listed and become one of
the top 100 listed companies in Shenzhen and Shanghai Stock
Exchanges with overall competitiveness. It was recognized by the
investors as one of the listed companies with the greatest
investment value. Dezhou Thermoelectricity Co., Ltd. is the
largest designated unit of industrial and residential heating
supply integratedly in Dezhou, covering 70% of the urban
centralized heating area.
The Group has a technology development
center and a plan and research institute at provincial level,
with more than 800 professional and technical personnel, more
than 20 national patents and a large number of core
technologies, and with a relatively strong capability for
technological research and development, engineering design and
production management. The enterprise, with a solid management
foundation, was awarded a National May 1st Labor Medal and the
title of National Contract-honoring and Promise-keeping
Enterprise, and many of its management innovations have won
prizes for Management Modernization Innovation Achievement.
The Group regards its employees,
investors, consumers, suppliers, social public and other
interest-related personnel as it customers, and translates this
recognition into its core values of ¡°striving to be the
customer¡¯s first choice and creating a Hengsheng Brand¡± to aim
at first-class quality and pursue excellence. The company
insists on its human orientation, establishing a dynamic and
passionate workforce and forming a development mode with its own
characteristics.
Over many years of development, the Group
has properly settled the relations among structure adjustment,
technical progress and management enhancement and insisted on
¡°three simultaneities¡±, namely, adjusting industrial structure
while expanding the scale, upgrading technology content while
increasing production capacity, and laying a solid management
foundation while pursuing a rapid growth rate, so as to
continuously improve its profitability and its impact in the
industry, thus realizing the fast and sound development of the
enterprise.
According to its sustainable development strategy
emphasizing on enhancement of resource availability and its
diversified development strategy centering on increasing
competitive strength, the Group will persistently extend the
industry chain, continuously expand its production of chemical
fertilizers, vigorously develop organic and fine chemicals. In
next few years, the company will innovate for the development
methods, carry out independent innovation vigorously, through
technology, management and creation to promote labor quality
improve operation ability, to lay good foundation and make the
company to develop better and faster.¡¡ |