| The Group has four
holding (equity participation) subsidiaries: Shandong
Hualu-Hengsheng Chemical Co., Ltd. (1)
Shandong Hualu-Hengsheng Chemical Co.,
Ltd. (stock named ¡°Hualu-Hengsheng¡±, stock code 600426), a
large-scale integrated enterprise mainly engaged in
manufacturing chemical fertilizers and in chemical industry, is
one of China¡¯s top 500 chemical industrial enterprises. Its
products cover three series and more than ten varieties, such as
carbamide, carbinol, formaldehyde, DMF, methylamine, oxygen,
nitrogen, argon, hydrogen and carbon monoxide. It is one of the
largest chemical fertilizer manufacturers nationwide and the
largest DMF suppliers worldwide. Its leading product, ¡°Youyi¡±
Brand carbamide, is named the China Top Brand and a national
inspection-free product.
It has obtained the ISO9001 Quality System
Certificate, ISO14001 Environment System Certificate and
OHSAS18001 Occupational Safety and Health System Certificate,
and its various economic indicators rank in the forefront among
Chinese enterprises of the same type. Since the time when it was
listed, its economic benefit has increased over consecutive
years. In 2006, it ranked No. 64 in comprehensive performance
out of 1,400 Shanghai and Shenzhen A-share listed enterprises.
It moved forward by 63 positions in four years and became one of
the top 100 in comprehensive competitive strength. It recognized
by the investors as one of the listed companies with the
greatest growth.
With strong technical strength and solid
management foundation, the company has formed a mature
management mode with distinct characteristics, built solid
strategic partnerships, and won customers. It owns many national
patents and some innovations have won the State Management
Modernization Innovation Achievement Award and the Scientific &
Technological Progress Award.
In the next few years, Hualu-Hengsheng
will strive to create a most dynamic workforce and a most
competitive nitrogenous fertilizer enterprise, establish the
position as the most competitive supplier of basic chemical
industrial raw materials and become a large-scale coal chemical
industrial base in China.
Dezhou Thermoelectricity Co., Ltd. of Shandong
Hualu-Hengsheng Group (2)
Dezhou Thermoelectricity Co., Ltd. of
Shandong Hualu-Hengsheng Group, a large-scale state-controlled
enterprise mainly engaged in thermal and electricity production,
is an enterprise with the largest installed capacity and
development scale and the central heating supply unit of Dezhou
at present. It has made outstanding contributions to the
economic and social development of Dezhou in the past years.
With complete management systems for
market development, design and construction, operation,
maintenance, service and heat supply, the company has gained
good economic and social benefits because of its stable heat
source and excellent heat supply service. Facing increasingly
sharp market competition, the company implements the scientific
outlook of development, increases input in technical reform
consistently and enhances its core competitive strength. In the
next few years, based on its industrial, technical, management
and market advantages, the company will continue to expand the
scale of its main business and achieve the all-round development
of heat supply, power generation and related industrial efforts.
Dezhou Dehua Equipment Engineering Co., Ltd. (3)
Dezhou Dehua Equipment Engineering Co.,
Ltd. is a new joint-stock enterprise held by Hualu-Hengsheng
Group with multi-investment, its main business including
installation engineering for chemical and oil equipment and
pipelines, design and manufacturing of industrial pressure
vessels and heat exchangers, anti-corrosion and heat insulation
engineering, anti-corrosive treatment of equipment,
high-temperature curing process, fitting and processing of
chemical industrial equipment, special maintenance of industrial
equipment and hot spraying engineering, low-temperature
zinc-plating, etc.
The company boasts strong technical power,
professional engineers and technical personnel in chemical
industry, machinery, engineering, anti-corrosion, building and
furnace-making, and a workforce with complete specialties,
skilled techniques, rich experience and good quality. It has
advanced equipment, complete inspection means, scientific
management, as well as physics and chemistry laboratories,
welding laboratories and flaw detection rooms. It also possesses
over 200 main devices and equipment and over 30 inspection and
test equipment. It is mainly engaged in manufacturing of
pressure vessels, heat distribution pipelines for chemical and
oil equipment, industrial pressure pipelines, various
combination valves used in carbamide production, compressor
fittings, Roots blower fittings, various compressors and blower
rotors. It also provides special maintenance. All the processes
are controlled in accordance with ISO9001:2000 Quality System
Standard. The pressure vessels produced by the company fully
meet the requirements of Pressure Vessels Safety and Technical
Supervision Regulation and GB150. A pattern of diversified and
large-scale production and operation has gradually taken shape.
At present, the comprehensive strength of the company is
dominating the industry in Dezhou.
Based on its technical, management, asset,
brand and market advantages, the company consistently increases
input in product research and development and expands industry
chains. The special heat exchanger independently developed by
the company is in the leading position in China. With ¡°creating
high-quality engineering and ensuring customer satisfaction¡± as
the object and ¡°being pragmatic for perfection and improving
persistently¡± as the quality policy, it will take an entirely
new posture to meet the challenges of the market.
Dezhou Minxin Service Co., Ltd. (4)
Dezhou Minxin Service Co., Ltd. is a special service company
built on original service department of the Group, is mainly
engaged in service such as estate and property management. In
recent years, with marketization as the guidance and
society-oriented, the company expands service and business such
as commerce, trade, transportation, medical treatment, hotel
service, catering and virescence, and its profitability is
greatly improved.
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