Company Profile
Shenyang Chemical Industry Co. ,LTD. is located in the industrial base of Shenyang, Liaoning province, is a country consisting of 512 households and 60 key enterprises in Liaoning Province, one of the key national comprehensive strength has ranked among the forefront of the chlor - alkali enterprises in Shenyang Chemical Plant predecessor company was founded in 1938, in 1997 and restructured as a company, on February 20 the same year, where stocks are in the southern Chinese city of Shenzhen, is a stock listed predecessor company was founded in 1938, in 1997 and restructured as a company, on February 20 the same year, where stocks are in the southern Chinese city of Shenzhen, is a stock listed .
to chlor - alkali products, i. e., added wings to the core, formed of caustic soda, salt, acid, liquid chlorine, polyvinyl chloride resins, fumed silica, chlorinated paraffin, product chain lubricating oil and the like wherein the polyvinyl chloride resins, fumed silica, such as chlorinated paraffin product productivity advantages of ranking the first in the country product chain lubricating oil and the like wherein the polyvinyl chloride resins, fumed silica, such as chlorinated paraffin product productivity advantages of ranking the first in the country .
company leading technology, products, technologies and system, which has national post - doctoral research center and provincial enterprise technology center, Shenyang double innovation demonstration enterprise company leading technology, products, technologies and system, which has national post - doctoral research center and provincial enterprise technology center, Shenyang double innovation demonstration enterprise . owns from Japan, Italy, Ukraine and other countries the introduction of world - class security and a leading domestic polyvinyl chloride resins, ion - exchange membrane caustic soda, fumed silica and technical means;self - developed vinyl chloride vinyl acetate copolymer paste resin project, which filled the domestic blank;solvent method of chlorinated paraffin wax - 70 instead of the product - - water phase method Chlorinated Paraffin - 70 realized large - scale production;gas - phase method nano - material is frantically working on owns from Japan, Italy, Ukraine and other countries the introduction of world - class security and a leading domestic polyvinyl chloride resins, ion - exchange membrane caustic soda, fumed silica and technical means;self - developed vinyl chloride vinyl acetate copolymer paste resin project, which filled the domestic blank;solvent method of chlorinated paraffin wax - 70 instead of the product - - water phase method Chlorinated Paraffin - 70 realized large - scale production;gas - phase method nano - material is frantically working on .
self - developed products and projects won several national, provincial, municipal prizes for technological self - developed products and projects won several national, provincial, municipal prizes for technological . company specialized design, well - appointed, with approval of the Ministry of Chemical Engineering, Petroleum Engineering and class B in architectural design qualification, etc company specialized design, well - appointed, with approval of the Ministry of Chemical Engineering, Petroleum Engineering and class B in architectural design qualification, etc .
the design of projects and technology transfer over 20 national provincial, municipal, autonomous regions, bear 5 tons / year of paste PVC project, 5 million tons / year of flaky solid caustic soda project, 5 million tons / a ionic membrane caustic soda project, 1500 tons / year) and fumed silica etc, are put into operation successfully;And as Cambodia, Burma and other Southeast Asian countries from the completion of design, equipment manufacture, installation, commissioning and start - up to the project contract (EPC) the design of projects and technology transfer over 20 national provincial, municipal, autonomous regions, bear 5 tons / year of paste PVC project, 5 million tons / year of flaky solid caustic soda project, 5 million tons / a ionic membrane caustic soda project, 1500 tons / year) and fumed silica etc, are put into operation successfully;And as Cambodia, Burma and other Southeast Asian countries from the completion of design, equipment manufacture, installation, commissioning and start - up to the project contract (EPC) .
Enterprise Culture
Cultural Concept
Enterprise Spirit: Pursuing the international level to create 'green' quality management idea: integrity - based, technology - leading, high - quality, innovative and open environmental policy: build up environmental consciousness, obeying the law;control of environmental factors, sustainable cleaner production;Optimization of input and output, to foster recycling economy;And keeps continuous improvement, realizing the "three zero" target;Constructing eco - economy, to the satisfaction of interested parties Enterprise Spirit: Pursuing the international level to create 'green' quality management idea: integrity - based, technology - leading, high - quality, innovative and open environmental policy: build up environmental consciousness, obeying the law;control of environmental factors, sustainable cleaner production;Optimization of input and output, to foster recycling economy;And keeps continuous improvement, realizing the "three zero" target;Constructing eco - economy, to the satisfaction of interested parties . Quality policy: quality win market to meet the demand;to continually improve the quality to win the battle of benefit;quality management innovation to achieve development goals of brand - name product; yield of greater than 85%, an annual growth rate of 1%;Customer satisfaction is greater than 85%, an annual growth rate of 1%;Main standard products reach the international level;Service tenet: quality products and sincere cooperation, to service the pursuit of eternal Quality policy: quality win market to meet the demand;to continually improve the quality to win the battle of benefit;quality management innovation to achieve development goals of brand - name product; yield of greater than 85%, an annual growth rate of 1%;Customer satisfaction is greater than 85%, an annual growth rate of 1%;Main standard products reach the international level;Service tenet: quality products and sincere cooperation, to service the pursuit of eternal .
The Logo
graphical appearance: According to Chinese tradition of "triangle" concept, designed in such a manner that the upper portion of an ellipsoid, a cuboid is lower, the overall visual is on the horizon in the east and the rising of the sun, with a vigorous, energetic, Shen expresses the human spirit and a strong will, with the company's" Xing - Shen, rich, employees, off "graphical appearance: According to Chinese tradition of "triangle" concept, designed in such a manner that the upper portion of an ellipsoid, a cuboid is lower, the overall visual is on the horizon in the east and the rising of the sun, with a vigorous, energetic, Shen expresses the human spirit and a strong will, with the company's" Xing - Shen, rich, employees, off ". target. It's the trend line: The white ellipse in writing, to the handwriting mode, a portrait of" S "word," Shen "pinyin - word of the header;The "S" a pale, and becomes" H "of a lower case, and is a legal framework" of the Chinese phonetic first letter of this graph can be organized "Shen", the words" to a SH sound with a prefix of
in the abstract, this graph is a flowing river, from the lower left to upper right away, symbolizing the Shen Hua led the way by alkali and chlorine in the PVC latex liquid flow, again symbolizing the Shenhua company is the water of Shen River in the abstract, this graph is a flowing river, from the lower left to upper right away, symbolizing the Shen Hua led the way by alkali and chlorine in the PVC latex liquid flow, again symbolizing the Shenhua company is the water of Shen River . color meaning a boom industry: integrated graphics are white and red, red is a token of sincerity, is a lively, celebratory, color meaning a boom industry: integrated graphics are white and red, red is a token of sincerity, is a lively, celebratory, .
auspicious red tones, the performance of the employees about their loyalty, love,is also the company's passion, enthusiasm for the user of the meaning of auspicious red tones, the performance of the employees about their loyalty, love,is also the company's passion, enthusiasm for the user of the meaning of . red light is longest, strongest visual wallop red light is longest, strongest visual wallop .
texts: "Shenyang Chemical Industry Co., Ltd." is the name of the stock, the company's most concise and the most apt appellation "SY" "Shenyang", the words" to a Pinyin letter of the English "Shenyang" also uses Chinese Phonetic Alphabet;"CC" is a word of English Prefixes "SY" "Shenyang", the words" to a Pinyin letter of the English "Shenyang" also uses Chinese Phonetic Alphabet;"CC" is a word of English Prefixes .
"" can also be identified as English "Shenyang Chemical Industry Co., Ltd." by English "Shenyang Chemical Industry Co., Ltd.", the performance of the Shen's entering the world from China's broad vision and generosity
Registered Trademark
Products of the Company under the trademark "star tower" Products of the Company under the trademark "star tower" ., "star tower" trademark in 1954, nearly 50 - year - old , "star tower" trademark in 1954, nearly 50 - year - old .
from the meaning of the picture, said work gear, ears of corn representing farmers, received a five - star symbol of the new China, the lighthouse is the enterprise in development in the enduring, as brightly as from the from the meaning of the picture, said work gear, ears of corn representing farmers, received a five - star symbol of the new China, the lighthouse is the enterprise in development in the enduring, as brightly as from the . beacon.
Qualifications And Honors
Shenyang Chemical Industry Co. Ltd. has perfect quality management system, passed the ISO14001 environment system certification, the certification of ISO9001 quality management system for occupational health and safety management, OHSMS18000 "National Advanced Enterprise in Quality Management", is the provincial government and awarded the "Liaoning" Quality Management Award ";Paste polyvinyl chloride resins and its products won the title of Chinese famous - brand products, has been named the only "national user satisfaction product";chlor - alkali series was named "brand - name products in Liaoning Province";the company also has been awarded the title of Advanced Unit for Environmental Protection, provincial, municipal and provincial garden type factory "National Advanced Enterprise in Quality Management", is the provincial government and awarded the "Liaoning" Quality Management Award ";Paste polyvinyl chloride resins and its products won the title of Chinese famous - brand products, has been named the only "national user satisfaction product";chlor - alkali series was named "brand - name products in Liaoning Province";the company also has been awarded the title of Advanced Unit for Environmental Protection, provincial, municipal and provincial garden type factory .
advanced unit in afforestation advanced unit in afforestation.
Scope Of Business
chemical products, chemical equipment, pressure vessels, teflon, PVC gloves, development, design, manufacture;lubricating oil manufacturing, marketing;passenger car;Equipment, Wiring, plumbing, electrical and instrument;chemical technology transfer, the liquid chlorine cylinder rental;chemical engineering contracting of overseas and domestic international bidding engineering;Export of the equipment and materials;external delivery of labor force required for above overseas projects;consulting service;(construction, installation, design and construction subsidiaries licensed taxi);Import and export of various self - support and agent commodities and technologies, which the state limit or prohibit the export of commodities and technologies except;materials and drawings compensation trade, chemical products, chemical equipment, pressure vessels, teflon, PVC gloves, development, design, manufacture;lubricating oil manufacturing, marketing;passenger car;Equipment, Wiring, plumbing, electrical and instrument;chemical technology transfer, the liquid chlorine cylinder rental;chemical engineering contracting of overseas and domestic international bidding engineering;Export of the equipment and materials;external delivery of labor force required for above overseas projects;consulting service;(construction, installation, design and construction subsidiaries licensed taxi);Import and export of various self - support and agent commodities and technologies, which the state limit or prohibit the export of commodities and technologies except;materials and drawings compensation trade, .
Business Condition
2009 July 1 - September 30, 2009 with a net profit of 1, 000, 000.00 - 1, 600 yuan, a year - on - year decrease by 40% - 60% by the international financial crisis, the company year - on - demand is projected to shrink significantly, the sales price is greatly reduced, resulting in the performance of the year - on - year decline in the by the international financial crisis, the company year - on - demand is projected to shrink significantly, the sales price is greatly reduced, resulting in the performance of the year - on - year decline in the .
extend of management problems and solutions in response to the financial crisis brought all sorts of difficulties, the board of directors of the company, regulate working opinions and carried out at the same time expanding markets. They paid special attention to fine management, to ensure the stable development of the company: for coping with crises and challenges, the production system of Market - oriented,Scientific organizations put in charge of production, so our production scale is always in the forefront of the industry's most intensive marketing at the same time, ensure products led the sales scale at the same time, ensure products led the sales scale .
for PVC paste resin product, on the one hand, intensive market, as well as an increase in the downstream, leather belts, industry efforts to expand the product sales for PVC paste resin product, on the one hand, intensive market, as well as an increase in the downstream, leather belts, industry efforts to expand the product sales . gloves on the other hand for in - depth development of the market, perfect after - sales service and technical development and expanding direct gloves on the other hand for in - depth development of the market, perfect after - sales service and technical development and expanding direct .
sea proportion, optimizing marketing channel and logistics cost is redused sea proportion, optimizing marketing channel and logistics cost is redused . Service personnel in - depth market investigation and user guidance, on implementing core user preferred delivery Service personnel in - depth market investigation and user guidance, on implementing core user preferred delivery .
in the January - May period,as the user's preferred delivery downstream of the core 4, 342 tons, as the focus of the user selected balance the 2m 992 tons, develop new customer 23, it is ensured that the paste resin product and the sales volume of in the January - May period,as the user's preferred delivery downstream of the core 4, 342 tons, as the focus of the user selected balance the 2m 992 tons, develop new customer 23, it is ensured that the paste resin product and the sales volume of . against acid, alkali, chlorine and the like product, the company took "old user, looting the lost, the number of new users," the sales strategy of befriending the essentials of the against acid, alkali, chlorine and the like product, the company took "old user, looting the lost, the number of new users," the sales strategy of befriending the essentials of the .
product is based on the inverted flow of caustic soda sales, hydrochloric acid, liquid chlorine, depending on the product market profits will scientifically adjust production for the benefit for the product is based on the inverted flow of caustic soda sales, hydrochloric acid, liquid chlorine, depending on the product market profits will scientifically adjust production for the benefit for the . with respect to the acrylic resin products, the innovation of marketing mode, the downstream user ABC is divided into three categories,in line with local conditions to implement different strategies: one is the stronger category A gold medal user, ensuring the long - term, stable sales;Second, efforts to seize the B class foundation, expand sales achievements;Third, intensive cultivation of small class C user, with respect to the acrylic resin products, the innovation of marketing mode, the downstream user ABC is divided into three categories,in line with local conditions to implement different strategies: one is the stronger category A gold medal user, ensuring the long - term, stable sales;Second, efforts to seize the B class foundation, expand sales achievements;Third, intensive cultivation of small class C user, .
the economic benefits are increased at the same time, in - depth study of the whole market, accurately grasp the changes, the downstream market - on - month increase, according to changes of the market, prices and meet the challenges of leading sponsor the economic benefits are increased at the same time, in - depth study of the whole market, accurately grasp the changes, the downstream market - on - month increase, according to changes of the market, prices and meet the challenges of leading sponsor ., , .
careful management during the first half, facing liquidity difficulties, the company and make rational allocation of funds, strictly controlled by month of capital budget, pay - as - you - go ", and effectively ensure the balance of payments capital careful management during the first half, facing liquidity difficulties, the company and make rational allocation of funds, strictly controlled by month of capital budget, pay - as - you - go ", and effectively ensure the balance of payments capital . further strengthen bidding management, reducing purchasing cost further strengthen bidding management, reducing purchasing cost .
business of the Company during the report period with the review of the first half, the company realized sales revenue of 222, 465 yuan, net profit 1, 451, 000.00 Yuan,year - over - year strength were mainly influenced by the international financial crisis, the company has seen demand for its products has dropped significantly in chlor - alkali products and petrochemical products prices last year saw a significant product yield completed case: the paste resins 5. 5 tons;caustic soda 8. 6 million tons;10 tons of gasoline;diesel 7. 2 million tons;The acrylic resin 8 million tons.the yield of propylene oxide and polyether 1. 68 million tons;
303 sets of segmental mold 303 sets of segmental mold.
Securities Information
Shortened type Securities formerly known as Shenyang Chemical Industry Co., the A - share listing of Shenhua G state already listed listed countries / regions on the Chinese mainland exchanges to list on the Shenzhen stock exchange date 1997 - 02 - 20 yuan) price (6. 4 first - day closing price (yuan) 12. 5 debut price (95%). 31 - day turnover rate (%) 67. 61 delisting date there is no special treatment and no delisted the delisting of the Master Underwriter: Guotai Securities Limited, the Listing Sponsor: Shenyang Northern Securities audit firms: PricewaterhouseCoopers 1
Financial Situation
Income Trends
The latest release (2009 - 09 - 30) Shenyang Chemical Industry 2009 third quarter revenues 33. 54 - billion yuan, representing a decline of 26. 98%
Profitability Trends
The latest release (2009 - 09 - 30) Shenyang Chemical Industry 2009 net profit of 0. 22 yuan earnings per share (basic 0.0480) yuan, a year - on - year decline in 88.% 30 30.
Financial Analysis
scale growth from Shenyang Chemical Industry Co., Ltd. for the past three years, the average sales growth of 20. 13%, all listed companies in the ranking (767 / 1710), in which the commodity chemical industry ranking of 44 / 101, the epitaxial - growth reasonably EPS growth Shenyang Chemical Industry Co., Ltd. is EPS growth over the past 30. 44%, of all the companies in the ranking (560 / 1710), in which the commodity chemical is ranked 27 / 101, take the rational measure of profitability, Shenyang Chemical Industry Co., Ltd. for the past three years, the average profitability rate 33. 94%,In all of the listed companies ranking (665 / 1710), in which the commodity chemical industry ranking is (26 / 101) profitability EPS reasonable stability stability in Shenyang Chemical past EPS all listed companies ranking (1203 / 1710), in which the commodity chemical is ranked 57 / 101 profitability EPS reasonable stability stability in Shenyang Chemical past EPS all listed companies ranking (1203 / 1710), in which the commodity chemical is ranked 57 / 101 .
stabilizing the management the reasonable stabilizing the management the reasonable.
Equity Structure
Shenyang Chemical Industry Co., Ltd. shares for a total of 6.27 million, the total capital shares 94. 88% 
Position Structures On U
Shenyang Chemical Industry Co., Ltd. in the past year, the shareholders tended to decrease as households, institutions reduced holdings in the latest quarter conditions last week suggested that an average increase of 14 positions the latest conditions last week suggested that an average increase of 14 positions the latest .
mechanism. 07%, part of the mechanism on the Unit's comments have been up - regulated, up - regulated positions 60. 96% 
Investment Advice
comprehensive investment advice: (000698 Shenyang Chemical Industry Co., Ltd.) of the composite score indicating the stocks investment value, using a comprehensive valuation of the stock's valuation range in 9. 93 - 10 0.92 yuan, the shares are currently undervalued in region, can safely hold 12 step assessment value investment advice: comprehensive of the 12 - step for the company's assessment, the preferred stock investment value, advice on the involvement of the attitude of the 12 step assessment value investment advice: comprehensive of the 12 - step for the company's assessment, the preferred stock investment value, advice on the involvement of the attitude of the .
rating industry investment advice: (000698 Shenyang Chemical Industry Co., Ltd.) belongs to the chemical industry, the industry investment value, the industry's total is ranked # 11 growth quality rating investment advice:000698 Shenyang Chemical Industry Co., Ltd. () growth ability and general, over the next three years and great potential for development, the growing capability of total ranked 226, industry growth ability, which ranks 15th in the name of the
rating and profit forecast: (000698 Shenyang Chemical Industry Co., Ltd.) said it expects 2009 earnings per share of 0.23 yuan, 2010 earnings per share of $0. 47 Yuan, and the current target price of 9.93 yuan, the investment rating is buy 2 2.
Memorabilia
On September 2, 2010, Shenyang Chemical Industry Co., Ltd. issued by NAFMII and registered with the Commission, the company approved to issue up to 10 billion yuan of short - term financing
