Befar Group Co., Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Binhua Group Co., Ltd. was founded in 1968 and put into operation in 1970. After more than 50 years of hard work and innovative breakthroughs, it has developed into a comprehensive chemical enterprise group with outstanding main business and complete industrial chain. The total assets of the group are 260 billion yuan (as of the end of December 2021), with four major bases: Bincheng Basic Chemical and Electronic Chemicals, Beihai New Materials, Zhanhua New Energy, and Yangxin Fine Chemical. The industry covers salt chemical, petrochemical, fine chemical, thermoelectric, new materials, new energy, finance, and other fields, with products covering more than 100 countries and regions worldwide. In 2021, the group achieved a revenue of 24.362 billion yuan, achieved profits and taxes of 5.159 billion yuan, and paid taxes of 3.663 billion yuan. As of the end of 2021, a total of 62.289 billion yuan in profits and taxes have been realized, and 45.109 billion yuan in taxes have been paid. Ranked 75th among the top 500 Chinese petroleum and chemical enterprises in 2021. The core enterprise of the group, Binhua Group Co., Ltd. (SH601678), was established in May 1998 with its registered address in Bincheng District, Binzhou City, Shandong Province, and a registered capital of 2.058 billion yuan. Mainly engaged in the production, processing, and sales of organic and inorganic chemical products, it is an important producer of epoxy propane and caustic soda products in China and a supplier of trichloroethylene and oilfield additives. It was successfully listed on the Shanghai Stock Exchange in February 2010. He is currently the executive director of the China Chlor-Alkali Industry Association and has been awarded the "Leader" benchmark enterprise in energy efficiency of national key energy industry products for seven consecutive years. He is ranked 91st among the top 500 chemical listed companies in China in 2021 and 128th among the top 500 chemical listed companies in China in 2021. As of the end of 2021, the company's total assets amounted to 16.804 billion yuan, net assets 10.292 billion yuan, operating income 9.268 billion yuan, profits 1.64 billion yuan, and taxes 1.177 billion yuan. Currently, Binhua Group is aiming to build a leading enterprise and zero carbon demonstration enterprise in the industry with leading innovation capabilities, first-class profitability, excellent management level, and social responsibility. Adhering to the two major corporate goals of "value creation" and "humanistic spirit," Binhua Group is committed to building three clusters: a new materials and large chemical industry cluster with a scale of hundreds of billions, a technology and capital joint incubation cluster, and a talent and wisdom cluster with internal and external integration and endless growth, Building four major bases of highly coordinated industries, namely basic chemical and electronic chemicals, new materials, new energy, and fine chemical, relying on the five supporting systems of science and technology innovation, zero carbon industry, intelligent manufacturing, open empowerment, and social responsibility, comprehensively constructing large "platform ecology" enterprises, and starting the third new journey of entrepreneurship. Qixin gathers momentum and strives to carry out the journey. Facing the future, Binhua Group will follow the established "12345" strategic positioning and development ideas, plan open cooperation with an international perspective, actively build a science and technology innovation ecosystem, fully promote industrial intelligence, focus on sustainable development, vigorously develop green energy equipment industry, build a green electricity+green heat+green chemical energy system, and strive to become a benchmark and demonstration of zero carbon industrial solutions. We will continue to steadfastly do green chemical Pioneers and practitioners of low-carbon transformation, creating maximum value for society, customers, shareholders, and employees, making greater contributions to the construction of a higher level of prosperity and strength in Binzhou, and promoting the development of China's chemical industry!. |
| Headquarter | Binzhou |
| Establish Date | 5/21/1998 |
| Listed Code | 601678.SH |
| Listed Date | 2/23/2010 |
| Chairman | Yu Jiang. |
| CEO | Ren Yuanbin. |
| Website | www.befar.com |
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