Shandong Yuhuang Chemical Co., Ltd. is located in Heze City, Shandong Province, China. It is a national innovative pilot enterprise. Founded in 1986, the company started from a small village collective factory and has now developed into a private joint-stock large multinational enterprise group with a complete industrial chain from refining to fine chemicals and basic organic chemicals to polymer materials. The company's main business covers the research and development, production, sales and logistics of chemical products, new energy batteries, real estate development and other fields.
At present, the company has 5 production bases at home and abroad, 15 subsidiaries and more than 5,000 employees. In 2013, with the approval of the Ministry of Human Resources and Social Security, the company set up the first post-doctoral research station in Heze City, with more than 80 master's degree holders, including 23 doctors. In August 2019, the Yuhuang Chemical Group ranked 417th in the "Top 500 Chinese Enterprises" list by the China Enterprise Confederation and the China Entrepreneur Association; ranked 33rd in the 2019 "Top 500 Chinese Petroleum and Chemical Enterprises" In 2019, China’s top 500 manufacturing enterprises ranked 198; in 2019, China’s top 500 private enterprises ranked 190th.
Since last year, the Group has actively responded to the challenges brought about by the changes in the international and domestic markets, continuously strengthened technological innovation and management innovation, continuously improved the market competitiveness of enterprises, and achieved excellent results in a difficult environment.
In 2017, the economic development environment at home and abroad became complex, and the uncertain factors that plagued the development of enterprises increased. The group company displayed great initiative in meeting the challenges brought by the profound changes of the international and domestic environment. Under such difficult environment, unremitting efforts had been taken in the process of making the company grow from big to strong. A path of innovation driven development was unswervingly taken and constant technology innovation was strengthened, the competitiveness and quality of development was practically improved, and the transformation from old to new kinetic energy was comprehensively accelerated.
The company's main products are: gasoline, diesel, MTBE, dimethyl ether, isobutylene, styrene, polystyrene, polypropylene, propylene, propane, isobutane, butadiene, butadiene rubber, rare earth butadiene rubber, fine carbon 5. Isoprene, piperylene, dicyclopentadiene, Dicyclopentadiene resin, Isoprene resin, petroleum resin, benzene, ethylbenzene, toluene, xylene, polyisobutylene, ethylene oxide, naphtha, petroleum Coke, sulfur, civil liquefied gas, etc.
The company invested 240 million yuan to establish a new R&D center for polyolefins and chemicals with the Changchun Yinghua Institute of the Chinese Academy of Sciences and the Dalian Institute of Chemical Physics of the Chinese Academy of Sciences. The R&D center has gathered more than 200 R&D personnel, cooperated with more than ten colleges and universities, and embarked on the road of combining production, learning and research, which has injected vitality into the rapid development of the company. Shandong Yuhuang New Energy Technology Co., Ltd., a wholly-owned subsidiary of the company, has established good cooperative relations with Nanjing University, Harbin Institute of Technology and Wuhan University. It has more than 40 independent research and development patents for the manufacture and application of power lithium batteries. At Present, Shandong Yuhuang New Energy Technology Company has become one of the few companies in the world that has large-capacity and fast-charging lithium-ion battery production technology.
In February 2013, Shandong Yuhuang Chemical Group registered and established a wholly-owned subsidiary, Yuhuang Chemical Inc. in Houston, USA.
The company pursues the enterprise spirit of "Morality, Talents, Dedication, Pragmatic, Innovation" and adhere to the business philosophy of "people-oriented, dedication to society, make common progress of employees, enterprise and society" so as to gradually forms the sense of value: “create wealth for country, create happiness for employees, create harmony for society”.
Wang Jinshu,company's Secretary of the Party Committee, has been honored as China's Outstanding Private Entrepreneur, National Model Worker, National Advanced Poverty Alleviation Individual, National Outstanding Activities Leader, etc.. He was also honorably elected as representative of the 18th Congress of the Communist Party of China and deputy of the 12th and 13th National People's Congress of China.He personally invested 560 million yuan to build a 620-mu village with a construction area of 210,000 square meters for more than 660 villagers in Yuhuangmiao Village, and which became a model for the construction of a new countryside in the country. In September 2015, Chairman of the Board Wang Jinshu visited the United States with President Xi Jinping as a representative of Chinese entrepreneurs.and attended the China-US Round Table Conference held in Seattle. His deeds have been featured in a number of mainstream news media of the central government.
In the future，Yuhuang Chemical will continue to adhere to "petrol chemical and fine chemical"oriented development and take science and technology innovation as the primary driving force. It will strengthen management, increase investment, accelerate the path of development, so as to create a resource-saving and environment-friendly enterprise and build a large scale multinational enterprise group who will make new and greater contribution to local economic and social development.