Shandong Zhenxing Chemical Industry Co., Ltd.
Zhenxing Group is located in Qingzhou, previously known as one of China's key town in ancient nine lands in the central area of Shandong Province, with Jiaoji Railroad and Jiqing Expressway passing through from east to west as well as the under-constructing Donghong Highway crossing from south to north. Favorable location grants convenient transportation.
Zhenxing Group has been developed gradually from a small chemical factory to a company owning four enterprises, including Qingzhou Zhenxing Chemical Plant founded in 1985, Qingzhou Zhenxing Chemical Industry Co., Ltd. in 1991, Shandong Zhenxing Chemical Industry Co., Ltd. in 2000 and Qingzhou Shangjia Power Plant acquired in 2000. Zhenxing Group covers an area more than 200mu (about 133,332 square meters), with 260 employees and total assets of RMB 160 million. Its main products include: glycine, xylose, white carbon black, silica gel, sulphuric acid, waste heat power generation, etc. In 2007, it reached the sales volume of RMB 200 million with tax payment of RMB 11.11 million, and plans to realize the sales revenue of RMB 500 million with tax payment of RMB 20 million in 2008.
Five-year Plan: to make a solid foundation for the further development of the company by engaging in registration of Shandong Zhenxing Group Chemical Industry Co., Ltd. with the efforts of the board, established in 2008; to reach development plans of production capacity as follows: 20,000-ton white carbon black with three production lines, 10,000-ton glycine with three production lines, 10,000-ton xylose, 10,000-ton xylitol, 40,000-ton silica gel, 300,000-ton sulphuric acid, power generation of 15 million kilowatt-hours per year, and steam of 120 thousand tons per year; to increase sales revenue steadily at 20% per year at least; and to strive for public listing in 5 years.
With the corporate tenet of "Reputation First, Quality Supreme", Zhenxing Group increases investment in science and technology by bringing in the latest analyzing and testing equipments. Owing to solid economic strength, strong science and technology development capability, strict product quality assurance system and sophisticated management, Zhenxing Group gains the trust from the customers and a leading position in this field. Zhenxing Group will continue to develop new products with high technology and credible quality to meet the market's demands.
Welcome all friends to our company to inspect, instruct, cooperate and progress together. We sincerely make friends with you all on the basis of the principles of mutual benefit and benefit sharing.