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    2. about
      ABOUT US


      Company Profile

      Jiangsu Eastern Shenghong Co., Ltd. (hereinafter referred to as “the Company”), founded on July 16, 1998, is located in Shengze Town, Wujiang District, Suzhou City, Jiangsu Province. With the approval of China Securities Regulatory Commission, the Company successfully landed in the domestic capital market and listed on the main board of Shenzhen Stock Exchange in 2000, with the stock code of “000301”. In August 2018, the Company completed major asset reorganization, becoming the core listed subsidiary of Shenghong Holding Group which is one of the top 500 enterprises in China. By the end of 2019, the registered capital of the Company was RMB 48,348,638,660,000 yuan.

      The companys current main business includes the research and development, production and sales of civilian polyester filament yarns, as well as the production and sales of PTA and thermoelectricity. The business layout covers oil refining, petrochemical, chemical fiber, thermoelectric and other industries. Among them: the polyester chemical fiber business segment has 2.3 million tons of differentiated chemical fiber production capacity per year. The main products include POY, FDY, DTY, etc., with a product differentiation rate of 90%. There are more than 100 types of differentiated and subdivided products, with high-end products. The main product is DTY, and the main operating body is Jiangsu Guowang Hi-Tech Fiber Co., Ltd. which is a national high-tech enterprise

      The petrochemical business segment has 3.9 million tons/year PTA capacity; the Shenghong refining and chemical integration project is under construction, and the project scale is 16 million tons/year oil refining, 2.8 million tons/year paraxylene, 1.1 million tons/year ethylene and downstream Derivatives, supporting 300,000-ton crude oil terminals, 4 50,000-ton liquid chemical terminals, etc., are scheduled to be put into operation at the end of 2021, and are expected to achieve nearly 100 billion in annual sales revenue and nearly 10 billion in net profit; the energy business segment has 900 tons/ Hourly heating capacity, 54,000 kilowatts of power generation capacity, and two 100,000 kilowatt-class gas turbine cogeneration projects under construction.

      Currently, the main business of the Company includes the research and development, production and sale of civil polyester filament yarn, and the production and sales of PTA and thermal power, among which: polyester chemical fiber business segment has a 2,300,000 tons/year differentiated chemical fiber production capacity with the main products of POY, FDY and DTY, the product differentiation rate reaches 90%, and the differentiated product categories are more than one hundred, which is mainly the high-end product DTY; PTA business segment has a 1,500,000 tons/year PTA capacity, while 2,400,000 tons/year PTA capacity is under construction; in refining business segment, Shenghong Refinery integration project is under construction, of which scale includes 16,000,000 tons/year of oil refining, 2,800,000 tons/year of paraxylene, 1,100,000 tons/year of ethylene and downstream derivatives, 3000,000 tons of crude oil terminal and four 50,000 tons of liquid chemical terminals, which are planned to be put into operation by the end of 2021; thermal power segment has a 900 tons/hour of heating capacity and two 100,000 KW of gas turbine cogeneration projects are under construction. Its business layout runs through the industries of refining, petrochemical, chemical fiber and thermal power.


      Company Message

      Chain-state integration, pressing “acceleration key” for industry run-through

      With the passage of time and as immutable as the rivers, the pace of time has entered a new node. In 2019, we celebrated the 70th anniversary of the founding of new China with brilliant achievements, devoted to the torrent of progress with the mission of striving for a new ear, running out of the “accelerated speed” and playing the “March”.

      Chain-state integration, pressing “acceleration key” for industry run-through

      At present, the economy of China is in the crucial period of transforming the development mode, optimizing the economic structure and converting the growth power. With the keynote of “seeking improvement in stability”, we will continue to realize the steady growth, adjust the structure, prevent the risks and climb the peak. We stand at the new time point and contribute to the new chapter of the development of Eastern Shenghong with all walks of life through the report to review and summarize the past year, which has a great significance.

      Chain-state integration, pressing “acceleration key” for industry run-through

      In the past year, facing the complex situation of profound changes in market structure and the continuous increase of uncertain and unstable factors, the Company has firmly adhered to the development strategy, maintained the development focus and actively sought for innovation and change, so that the overall operation made steady progress, the economic growth structure was continuously optimized, the growth power was further strengthened and the growth quality was continuously improved; with the successive injection of Shenghong Refinery and Honggang Petrochemical, the subsequent development of the Company is given more vitality and expended larger space; the refining integration project under construction is planned and constructed with the international first-class standards, and steadily advances towards the objective of reaching the production capacity in 2021; the synergistic effect of main business segments shall continue to highlight, and the construction of ecological chain and value chain of upstream and downstream industries is improved day by day, and the ability to resist risks and the comprehensive competitiveness of the Company continue to improve.

      Innovation driven, rebuild “new engine” for the improvement of quality and efficiency

      Innovation driven is the core power of company development. The advanced functional fiber innovation center led and built by us has been approved by the Ministry of Industry and Information Technology of the People’s Republic of China, becoming the national 13th and the provincial first national manufacturing innovation center in Jiangsu Province. It is also the first national manufacturing innovation center led and built by private enterprise. In the future, the center will aim at the key and core technologies with general character and drive the core competitiveness of domestic functional fiber industry to be further enhanced; we will continue to increase investment and base on the international frontier fields, to continuously improve the innovation system and platform carrier, accelerate the application technology development of new products, speed up the achievement transformation, continue to make efforts in both domestic and foreign markets, and open up more development space through differentiation strategy.

      Green first, grasp “steering wheel” for high-quality development

      We promote the high-quality development with the concept of green priority, and highly integrate enterprise development with ecological civilization. Guowang Hi-Tech and Honggang Petrochemical successfully create the national “green factory”, and Honggang Petrochemical takes the lead in the preparation of national standards for PTA green factory; we strengthen green production in the whole process and carry out integration model of energy conservation and environmental protection, so a batch of energy-saving, water-conservation and emission-reduction transformation projects are implemented one after another, realizing source reduction, process control and cyclic utilization; we adopt new technology and new process so as to lead the green cycle of industry by biomass fiber and renewable materials; we build a safe and green production system, strengthen safety awareness, improve the level of resource utilization, and contribute to the protection of green hills and clear waters.

      We are committed to our own development, simultaneously strive to practice and assume the responsibility and mission of excellent corporate citizens. On the basis of talents, we constantly improve the talent selection, training and incentive mechanism to gather the endogenous power for vigorous development; adhering to the value of “favoring employees and benefiting society”, we provide the employees with intimate care measures, various training opportunities and broad career development platform; we feel the same way and let the “positive energy” integrated into the corporate gene become culture and business card where the society needs us; we do not forget our original intention, and strive to deliver a high score with the mission of coordination and unification of economic responsibility, social responsibility and environmental responsibility.



    3. 2022

      2022年1月,經中國證券監督管理委員會證監許可〔2021〕4179 號文核準,公司向盛虹石化集團有限公司、連云港博虹實業有限公司合計發行股份111,152.8326萬股,并于2022年1月27日在深圳證券交易所上市。截至2022年2月25日,因公司本次實施發行股份收購資產,及可轉換公司債券轉增股本,公司股本總額變更為594,649.5968萬股,注冊資本變更為594,649.5968萬元。 2022年7月,經中國證券監督管理委員會證監許可〔2021〕4179 號文核準,公司向22名特定投資者發行人民幣普通股266,714,109 股,并于2022 年 7月 20 日在深圳證券交易所上市。截至2022年7月20日,因公司本次發行股份及可轉換公司債券轉增股本,公司股本總額變更為621,323.701萬股,注冊資本變更為621,323.701萬元。

    4. 2021


    5. 2020


    6. 2018

      2018年8月,經中國證券監督管理委員會證監許可[2018]1204號文核準,公司于2018年8月非公開發行股份281,081.6777萬股,并于2018年9月3日在深圳證券交易所掛牌交易。公司股本總額變更為402,905.3222萬股,注冊資本變更為402,905.3222萬元。 2018年9月,根據公司2018年第一次臨時股東大會決議,公司名稱由“江蘇吳江中國東方絲綢市場股份有限公司”變更為“江蘇東方盛虹股份有限公司”,股票簡稱由“東方市場”變更為“東方盛虹”。

    7. 2008


    8. 2006


    9. 2002


    10. 2000


    11. 1998

      1998年7月,江蘇東方盛虹股份有限公司(曾用名”吳江絲綢股份有限公司“、”江蘇吳江中國東方絲綢市場股份有限公司“,以下簡稱“公司”)是經江蘇省人民政府蘇政復[1998]71號文批準,由江蘇吳江絲綢集團有限公司、江蘇省絲綢集團有限公司、中國絲綢工業總公司、中國服裝集團公司、蘇州市對外發展總公司共同發起設立的股份有限公司。公司成立于1998年7月16日,注冊資本31,300.00萬元。 1998年9月,經中國證券監督管理委員會證監發行字[1998]223號、證監發行字[1998]224號文核準,公司于1998年8月發行可轉換公司債券20,000.00萬元,并于1998年9月15日在深圳證券交易所掛牌交易。

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      Blueprint For The Future

      The Company aims to become an international modern enterprise with reasonable industrial structure, scientific management mode, excellent corporate culture and outstanding core competitiveness. Combined with the advantages of regional textile industry agglomeration, the Company relies on the chemical fiber industry to adhere to the strategic policy of “large-scale production, product differentiation and brand internationalization”, build up the development concept of “technological development, green development, and brand development”, take the R&D advantages as the propeller and the innovative development as the sail to actively build the international and domestic leading enterprises of differentiated civil polyester industry.

      Meanwhile, the Company will take the chemical fiber industry as the starting point, and base on the industry development law and its own development needs to seize the opportunity and gradually climb to the upstream of the chemical fiber industry, create a new high-end textile industry chain of “crude oil refining- PX/ethylene glycol- PTA- polyester- chemical fiber”, so as to form an international modern enterprise with upstream and downstream coordinated development.

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