Started in 1976, it is a famous trademark of Liaoning Province, and a large-scale chemical enterprise with chemical fertilizer and synthetic resin as the main business under China ordnance industry group
North Huajin Chemical Industry Group Co., Ltd. is a petrochemical subsidiary of China ordnance industry group. Huajin Group is headquartered in Panjin City, Liaoning Province, and its subordinate enterprises are distributed in Panjin City, Liaoning Province, Huludao City, Xinjiang Aksu Kuqa County and Inner Mongolia Ximeng Dongwu banner. It has two holding subsidiaries of Huajin and Beili company, and five joint-stock enterprises of Clariant Huajin catalyst (Panjin) Co., Ltd., Liaoning Beihua company, Liaoning Jinhe agricultural means company, Guangzhou Beihua company and dongwuzhumuqin Tianze water supply company, forming three main business sectors of petrochemical industry, chemical fertilizer, road asphalt and lube base oil. By the end of 2014, Huajin Group had total assets of 35 billion yuan and 12000 employees.
Huajin Group was originally a provincial enterprise in Liaoning Province, and its predecessor was Liaohe Chemical fertilizer plant. The plant is one of the 13 sets of large chemical fertilizer plants introduced earlier in China, with an annual output of 300000 tons of synthetic ammonia and 480000 tons of urea. It was planned to be built in January 1972 and put into operation in October 1976. In January 1997, Liaotong Chemical Co., Ltd. was established with all the operating assets of Liaohe Chemical fertilizer, and listed in Shenzhen (code 000059, stock name "Liaotong chemical" and renamed "Huajin stock" in March 2014), and Jinxi Chemical fertilizer was acquired. With the acquisition of Panjin Ethylene in the same year, the company began to enter the petrochemical field. At the end of 1997, Liaoning Huajin Group was established. In January 2006, Xinjiang chemical fertilizer was built, forming three chemical fertilizer production bases in Panjin, Huludao and Kuqa.
At present, Huajin Group actively adapts to the new normal of economic development, adheres to maintaining growth, paying attention to reform, changing mode and adjusting structure, and has started a new journey of the third venture.