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    Shandong Hualu-Hengsheng Group Co., Ltd. is one of the top 100 petroleum and chemical industrial enterprises in China in terms of comprehensive benefit and one of 200 key enterprise groups in Shandong Province. Since its transformation in 1996, the enterprise has maintained good momentum of growth by perfecting its corporate governance structure, transforming operation mechanism and strengthening internal management continuously. The high- and middle-ranking professional and technical personnel account for 35% of the total workforce, so a professional and technical personnel team with enormous potential has been formed. The Group has four holding subsidiaries. Its main business covers four areas, namely, chemical fertilizers, chemical industry, thermoelectricity and industrial gases, and its main products are carbamide, carbinol, formaldehyde, methylamine, DMF, nitrogen, oxygen, argon, etc. It has greater capability in power generation and heat supply and security. The level of automation in production is the highest among the enterprises of its kind. It is the pillar enterprise of Dezhou and a large profitable and tax-paying enterprise in Shandong Province.

    For many years, Shandong Hualu-Hengsheng Group has stood  for business philosophy of ¡°being the customer¡¯s first choice¡±, united all the employees to form a big force, to study a management mode with its own characteristics and efficiently promoted the reform and growth of the enterprise. The Group was honored by the former State Economic and Trade Commission, the former Ministry of Chemical Industry and the government of Shandong Province for many times. It is one of the 15 enterprises whose experience in ¡°three transformations and one strengthening¡± was promoted by the former Ministry of Chemical Industry.

    Since the new adjustment of industrial structure began, Hualu-Hengsheng Group has focused on adjusting industrial structure and promoting scientific and technological innovation established a pattern of property right diversification and assisted further reform and perfection of the internal mechanism. Meanwhile, it has taken scientific and technological innovation as the general handhold, carried out innovation projects with great effort, promoted management innovation, and the technological innovation has marked a new stage. The Group has fully implemented the scientific outlook on development and reformed the traditional industry with new and high technologies and promoted industrial upgrading. With the successful completion and operation of the large nitrogen fertilizer, the Group made a significant breakthrough in the domestic development of technology, equipment and raw material structure for large-scale nitrogenous fertilizer production and played a demonstrative role in developing the chemical fertilizer and equipment industries in China.

    According to the sustainable development strategy emphasizing on enhancement of resource availability and the diversified development strategy centering on increasing competitive strength, in the next few years, the Group will expand the existing technological advantages, rely on clean coal gasification technology, extend the industry chain persistently, develop the chemical fertilizers and chemical industry and thermoelectricity, and realize sound and rapid development of the enterprise.