Yueyang Xingchang Petrochemical Co., Ltd. (000819)

Yueyang Xingchang Petrochemical Co., Ltd. (000819)

Yueyang Xingchang Petrochemical Co., Ltd. was established in February 1990. Relying on the enterprise spirit of "cultivating first-class employees, providing first-class service, shaping first-class image and creating first-class brand", adhering to the enterprise philosophy of "honesty oriented, customer-oriented, continuous improvement and joint creation of the future", and adhering to the quality policy of "people-oriented, quality based, continuous improvement and customer satisfaction", Yueyang Xingchang, with an initial capital of only 8.5 million yuan, has been developing and growing, As the first industrial enterprise in Hunan Province to offer shares to the public, it was listed on Shenzhen Stock Exchange on June 25, 1997.

For more than 20 years since its listing, with the correct leadership of all previous boards of directors and supervisors and the joint efforts of employees, the company has been committed to establishing a modern enterprise system, at the same time, it has established the industrial development idea of "developing fine chemical industry" and continuously increased the basic investment in the main chemical industry. At present, the company has 9 sets of refining and chemical production units and 6 gas stations, 684 employees, 271 million yuan of registered capital, 820 million yuan of total assets, and about 1.6 billion yuan of annual output value. Its main products are sold in more than 20 provinces and cities in China, and it is the largest MTBE production base in central and southern China. The company has accumulated sales revenue of 27 billion yuan, net profit of 760 million yuan and tax of 1.63 billion yuan.

On the future development road, the company will implement the strategy of "making use of the capital market to create a new strategic industrial development platform". With sustainable, healthy and scientific development as the goal, economic efficiency as the center, reform and improvement of internal management as the focus, the company will closely follow the direction of national economic development and strive to win a more brilliant tomorrow!

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