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 Gengxing Energy Group Co., Ltd. is a holding subsidiary of Zhonggeng Real Estate Industry Group Co., Ltd. On June 7, 1996, Henan Bingxiong Freshness Preservation Equipment Co., Ltd. was approved by the Henan Provincial People's Government with document No. 6 (1996), and was raised and established by Henan Bingxiong Refrigeration Industry Group as the exclusive initiator. On September 27, 1996, the company was listed for trading on the Shanghai Stock Exchange with stock code 600753. On October 9, 2007, Henan Bingxiong Freshness Preservation Equipment Co., Ltd. was approved to change its company name to Henan Dongfang Yinxing Investment Co., Ltd. In March 2017, Zhonggeng Group obtained control. In May 2019, the company's registered address was relocated to Fuzhou City and renamed as Fujian Oriental Silver Star Investment Co., Ltd. The company's business scope is: real estate project investment; Industrial investment; Sales of chemical products (excluding hazardous chemicals), building materials, decorative materials, plastic steel doors and windows, hardware, electromechanical products (excluding automobiles), and metal materials (excluding rare metals). At present, the company is stable and sustainable in its commodity trading business, which mainly focuses on coal chemical products such as coal and coke. With the continuous expansion of business, it will further expand its trade varieties and expand its commodity trading business in the future. The company is accelerating its transformation pace, actively fully mobilizing and effectively utilizing various resources, which has greatly improved its core competitiveness. The company's core competitive advantages are mainly reflected in three aspects: 1. Upstream and downstream channel construction and integration capabilities. In the first half of 2019, the company's management actively carried out trade business on the bulk commodity supply chain, enhancing the company's ability to continuously and stably operate its main business. The company continues to focus on key and resource oriented channels in the current commodity trade supply chain, expanding its scale and adding products through business cooperation with large state-owned enterprises and industry leading enterprises, and leveraging the horizontal and vertical synergy of the commodity trade supply chain. 2. On the basis of continuously strengthening the company's main business capabilities in the past two years, the company's financing ability has been significantly improved. In the first half of 2019, based on the company's good business and credit foundation, the company obtained some bank loans and credits. The supply chain trade business has a high demand for funds, and the improvement of the company's financing ability will provide a strong financial guarantee for the company to expand its supply chain trade business. 3. Building an excellent and stable team to match the business layout, the company has further introduced business talents and senior management teams, injecting fresh blood into the company's development. While continuously introducing talents, the company is equipped with a comprehensive performance evaluation and incentive mechanism to create a good working environment for employees and provide a broad and open development platform. At present, the management team is professional and passionate, providing strong support for promoting the company's development. 4. Resource integration advantages: With the expansion of the company's trade business volume and trade varieties, the company's profitability continues to improve. In addition, with the establishment and development of the company's core business team, the company encourages all employees to explore the market, further leverage the integration ability of relevant business resources and financing resources, and consolidate the development of the company's main business. Meanwhile, as the controlling shareholder of the company, Zhonggeng Group has strong high-quality resources and competitive advantages in many fields. With the gradual promotion and implementation of the company's development strategy, shareholder resources will become a strong backing for the company's development.
Headquarter Fuzhou
Establish Date 10/11/1996
Listed Code 600753.SH
Listed Date 9/27/1996
Chairman Liang Yanfeng.
CEO Tang Yonglu.
Website www.orienstar.com

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