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 Shandong Fiberglass Group Co., Ltd. is a state-owned listed enterprise controlled and operated by Shandong Energy Group. At present, it has three wholly-owned subsidiaries: Linyi Tianju Energy Saving Materials Co., Ltd., Zibo Zhuoyi Glass Fiber Materials Co., Ltd., and Yishui County Thermal Power Co., Ltd., spanning two counties and four production factories in Yishui and Yiyuan. Its main business includes glass fiber production and its initial processing, as well as thermal and electrical products. At present, there are 6 glass fiber production lines with a designed production capacity of 410000 tons/year, ranking fourth in the country. Yishui Thermal Power undertakes 80% of the heating for residents in the urban area of Yishui County and industrial steam supply for all enterprises in the Chengnan Industrial Park. The total installed capacity is 158MW, with an annual power generation of 570 million kWh. In 2021, the actual heating area is 5 million square meters, and the annual steam supply is 900000 tons. Before 2008, the company used the ball crucible drawing process for fiberglass production, with an annual production capacity of less than 5000 tons. The construction of the first 30000 ton annual tank kiln wire drawing production line began in 2008 and was officially put into operation in early 2009, marking a new era of transformation, upgrading and development. In recent years, Shandong Fiberglass has vigorously promoted the digital transformation of enterprises and has built multiple digital fiberglass production lines. It has been awarded honorary titles such as provincial-level high-tech enterprise, postdoctoral innovation practice base, and national green factory, and has been selected as one of the top 50 new material leading enterprises in Shandong Province in 2021. In the "14th Five Year Plan" and medium to long-term development plan, Shandong Fiberglass will gradually carry out technological transformation and expansion of existing production lines, build a digital chemical factory with "information management, intelligent production, and networked operation", and create a Chinese version of Industry 4.0 Fiberglass Manufacturing Enterprise.
Headquarter Linyi
Establish Date 2/20/2008
Listed Code 605006.SH
Listed Date 9/3/2020
Chairman Li Qingwen.
CEO Zhang Shanjun.
Website www.glasstex.cn

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