Inner MongoliaYuan Xing Energy Company Limited
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 | Inner Mongolia Yuanxing Energy Co., Ltd. was founded on January 23, 1997 and was listed on the Shenzhen Stock Exchange on January 31 of that year under the stock code "000683". The company is a modern energy chemical enterprise led by natural alkali chemical industry, with new energy chemical industry, fine chemical industry, and logistics industry as its development direction. It is also the largest production enterprise in China that uses natural alkali to produce pure alkali and baking soda. The company and its subsidiaries are mainly engaged in the production and sales of soda ash, baking soda, fertilizers, and other chemical products. The "Yuanxing" and "Malan" trademarks of the company's affiliated enterprises are well-known trademarks in China, and the "Yuanxing" brand soda ash is a well-known Chinese product. At present, the natural alkali resources that have been proven to have mining value and have formed production capacity in China are mainly under the company's holding subsidiary Henan Zhongyuan Chemical Co., Ltd. The company's pure alkali production capacity and urea production capacity are among the top in the country, and baking soda dominates the domestic market and holds over 50% of the export share. As of the end of 2021, the company has 28 wholly-owned and holding enterprises, with total assets of 26.2 billion yuan and over 6000 employees. In 2021, the company achieved a revenue of 12.1 billion yuan and a net profit attributable to shareholders of the listed company of 4.95 billion yuan. For many years, Yuanxing Company has closely adhered to national macroeconomic policies and industry guidance, focusing on "industrial upgrading, transformation and development", adhering to the development concept of balancing industrial development and capital operation, and striving to develop evergreen industries that comply with national industrial policies, are environmentally friendly, have a long life cycle, have room for progress, and have reasonable returns. It is committed to building a chemical, energy, and coal chemical industry base with distinct characteristics of circular economy. The largest natural alkali circular economy demonstration base in China with a production capacity of over 2 million tons has been established in Tongbai County, Henan Province, known as the "Capital of Natural Alkali in China"; Build an annual production of 1 million tons of coal to chemical fertilizer project in the Mengda Industrial Park of Wushen Banner, and an annual production of 600000 tons of coal to chemical fertilizer project in Xing'an League. Since the beginning of the 14th Five Year Plan, the company has implemented new development concepts, followed national industrial policies, followed industry development trends, adjusted its structure, transformed its mode, and strengthened its main business. It has strategically withdrawn from coal, coal to ethylene glycol, natural gas to methanol, and its downstream industries, focusing on cohesion, focusing on expanding, strengthening, and refining the two main businesses of natural alkali and nitrogen fertilizer, and adhering to the path of refined, specialized, green, and high-quality development. During the 14th Five Year Plan period, the company's subsidiary Yingen Mining will also plan to build a project that produces 7.8 million tons of pure alkali and 800000 tons of baking soda annually. After the project is completed and put into operation, it will effectively promote the strengthening of the company's industry position, promote the long-term development of the company's natural alkali main business, and transform from an industry follower to an industry leader in the natural alkali field, It is expected to become a leading enterprise in the Chinese and even global soda ash industry and a regional leader in the nitrogen fertilizer industry by the end of the 14th Five Year Plan, which will have a profound impact on the reshaping of the domestic and even global soda ash market pattern. Today, Yuanxing is shaping a brand new corporate image of Yuanxing Energy with its ambitious public image, harmonious and innovative corporate culture, excellent product quality, and good economic benefits; Yuanxing Company, with the goal of casting an evergreen foundation and building a harmonious enterprise, is striding forward along the path of sustainable, healthy, and coordinated harmonious development!. |
| Headquarter | Ordos City |
| Establish Date | 1/23/1997 |
| Listed Code | 000683.SZ |
| Listed Date | 1/31/1997 |
| Chairman | Song is a rabbit. |
| CEO | Sun Chaohui. |
| Website | www.yuanxing.com |
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