Liaoning Huajin Tongda Chemical Co., Ltd. (000059)

Liaoning Huajin Tongda Chemical Co., Ltd. (000059)

Liaoning Huajin Chemical Group is developed on the basis of Liaohe Chemical fertilizer plant. Liaohe Chemical fertilizer plant is one of the first batch of 13 large-scale chemical fertilizer plants introduced in China in 1970s. Since it was put into operation in 1976, it has built Panjin Ethylene Project, the largest self financing project in Liaoning Province, built compound fertilizer plant, plastic products plant, thermal power plant and other projects, and established enterprise groups at the end of 1994; In the late 1990s, Liaotong Chemical Industry Co., Ltd. was established by implementing the capital operation strategy and taking all the operating assets of Liaohe Chemical Fertilizer Plant as the share capital. It completed the stock listing and acquired Jinxi Natural gas chemical plant to form a million ton chemical fertilizer holding listed subsidiary; The company has completed the overall acquisition of Panjin Ethylene, realized the "debt to equity swap", expanded the polyolefin production and operation field, and become the largest chemical enterprise in the province.

Mainly chemical fertilizer and synthetic resin as the main business, is a large cross regional operation of state-owned chemical enterprises.

Headquartered in Panjin City, Liaoning Province, the company has three major production bases, namely, Panjin City, Huludao City, Liaoning Province, and Aksu City, Xinjiang province. It controls Liaoning Huajin Tongda Chemical Co., Ltd. (hereinafter referred to as "Liaotong chemical", code 000059), and is subordinate to Panjin Ethylene Co., Ltd., Panjin Shuangxing Engineering Plastics Co., Ltd., Panjin Liaohe Futeng Thermal Power Co., Ltd Panjin Nanfang chemical Liaohe catalyst Co., Ltd. and Huajin plastic products Co., Ltd. have more than 10 subsidiaries and branches. They are one of the top 500 enterprises in China and one of the top 100 enterprises in SINOPEC.

The company has total assets of nearly 10 billion yuan and 10332 employees.

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