Jiangsu Eastern Shenghong Co., Ltd. (000301)

Overview

Jiangsu Eastern Shenghong Co., Ltd., established in 1998 and based in Suzhou, China, operates as a comprehensive enterprise in the field of chemical materials. The company is engaged in several core sectors including the research, development, production, and sale of polyester filament, petrochemical products, and new chemical materials. Its business operations are diversified across segments such as Fiber, Electricity and Heat, and Petrochemicals, showcasing a broad spectrum of industrial capabilities. In addition to its mainstay activities, Jiangsu Eastern Shenghong has ventured into the sales and management of energy, electricity, and heat supply, investment in the petrochemical business, and engages in software and information technology activities. This broad operational base allows the company to serve a wide array of industries including refining, petrochemicals, chemical fibers, and energy, reinforcing its position as a key player in China’s industrial landscape.

Products and Services

• Polyester Filament

  Engaged in the production and sale of high-quality polyester filament, these products are used in various textile and industrial applications. Polyester filament is a critical component in the production of fabrics and textiles, reflecting Jiangsu Eastern Shenghong's strong foothold in the chemical fiber industry.

• Petrochemical Products

  The company's petrochemical segment focuses on the development and production of essential chemicals used in an array of industries. This includes basic chemicals, polymers, and synthetic materials which serve as fundamental inputs for manufacturing in sectors like plastics, automotive, and construction.

• New Chemical Materials

  New chemical materials are developed focusing on innovation and sustainability. This segment underscores the company's commitment to research and development, yielding advanced materials that cater to the evolving needs of industries such as electronics, renewable energy, and biotechnology.

• Energy Sales and Management

  Alongside its industrial production activities, Jiangsu Eastern Shenghong plays an instrumental role in the sales and management of energy. This includes the provision of electricity and heat, aligning with its efforts to offer comprehensive solutions across the energy supply chain.

• Investment in Petrochemical Business

  The company's strategic investments in the petrochemical sector showcase its foresight in expanding its industrial capabilities and strengthening its market position. This involves not just the expansion of existing facilities but also investing in new projects that promise to enhance its product offerings and technological prowess.

• Software and Information Technology Activities

  Marking its diversification, Jiangsu Eastern Shenghong engages in software and information technology activities, aiming to leverage digital transformation to optimize its operations and services across the traditional sectors of refining, petrochemicals, and chemical fibers.