Textile giant Shenghui Group expands to chemical industry and brewing other chemical projects
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Jinhua Group is a well-known enterprise in the chemical industry of Liaoning Province. It has a listed company Jinhua chlor-alkali. After Shenghui Group invests in Jinhua Group, it holds 45% of the equity; Huludao City Government of Liaoning Province holds 50% equity of Jinhua Group. As Jinhua Group holds a 73.53% stake in chloralkali, a listed company, Shenghui Investment will indirectly hold a 33% stake in Jinhua Chlor-Alkali.
The relevant person in charge of Shenghui Group stated that the chemical industry is the upstream of the chemical fiber industry. We have invested in Dandong Chemical Fibers. Upstream industry development is to improve the entire group's industrial chain and improve the Group's ability to withstand raw material risks. After the completion of this investment, Shenghui Group is still brewing other chemical projects.
At present, the assets of Shenghui Investment Group are mainly distributed in textiles, chemical fiber, chemical industry, trade, logistics, textile technology, financial investment, etc., with total assets of more than 6.7 billion yuan, annual turnover of more than 5 billion yuan, and annual profits tax of more than 300 million yuan. .