Maoming Petrochemical Shihua Co., Ltd. (000637)

Maoming Petrochemical Shihua Co., Ltd. (000637)

Maoming Petrochemical Shihua Co., Ltd. (stock abbreviation: Maohua Shihua, stock code: 000637) is a joint-stock enterprise established in October 1988 by taking Maoming Petrochemical Company, a state-owned super large enterprise, as the initiator. Maohua Shihua's A-share stock was listed on Shenzhen Stock Exchange on November 14, 1996, which is the first listed company in Maoming City.

The company adheres to the principles and policies of the party and the state, adheres to the economic development strategic layout of the local Party committee and the government, takes the construction of the national famous chemical enterprise group as the goal, gives full play to the advantages of resources and technology, and develops the integration of industry, investment and trade. The enterprise scale and industrial level continue to grow. The company has abundant human and technical resources, including 15 doctoral and master degree students, 110 undergraduate students and 140 junior college students; 1 professor level senior engineer, 13 senior professional titles, 73 intermediate professional titles and hundreds of high skilled production personnel; a wholly-owned subsidiary (Dongcheng chemical) and a holding subsidiary (Dongyou chemical). It has more than 10 sets of production units such as 170000 T / a polypropylene, 500000 T / a gas separation, 100000 t / a sec butyl acetate, 80000 T / a MTBE, 300000 t / a C4 isomerization, 160000 T / a solvent oil hydrogenation and 20000 t / a ethanolamine. The company's main products are polypropylene powder, low aromatic solvent oil, low viscosity industrial white oil, SEC butyl acetate, MTBE, ethanolamine, liquefied petroleum gas, etc. The products are sold in 11 provinces including Guangdong, Guangxi, Hainan, Zhejiang, Jiangsu, Chongqing, Sichuan, Guizhou, Yunnan, Fujian and Hunan.

Following the technological innovation guiding ideology of "technology patenting, patent industrialization and industry marketization", the company attaches great importance to independent innovation and actively practices the spirit of "craftsman". It has a Guangdong Provincial Fine Chemical Engineering Technology R & D center, 4 invention patents and 12 practical new patents, and has won the first, second and third prizes of scientific and technological progress in Guangdong Province and Maoming City for many times. In 2009, the company was recognized as a national high-tech enterprise.

The company is a local leading enterprise and a large profit and tax household in Maoming City, with outstanding main business, steady performance, transparent and accurate information, and good market reputation. In 2002 and 2003, it was rated as one of the 100 most growing listed companies in China by new fortune magazine. The company has passed ISO9001:2008 quality certification, and won the title of advanced enterprise with quality and benefit in Guangdong Province in 2001 and 2003; the company won the title of "the most competitive enterprise in Guangdong Province in 2009"; the trademark of "Shihua" is a famous trademark in Guangdong Province, and the polypropylene resin of "Shihua" brand is rated as one of the top ten brands of national supervision and testing quality. The company has been rated as the civilized unit of Guangdong Province, and has won many honorary titles such as the advanced collective of Guangdong Province, the advanced collective of Maoming City, the civilized unit of Maoming City and the winning unit of "double civilization" competition.

The company adheres to the development concept of "thick accumulation and thin development, spring blossom and autumn fruit", based on the main business of petrochemical industry, vigorously develops ethylene post-processing, oil refining and deep processing, fine chemical industry and other fine chemical industries of non oil refining ethylene. At the same time, it actively participates in other domestic high-tech industries, constantly becomes bigger and stronger, and builds a national well-known chemical enterprise group.

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