From that group to this group China Pingmei Shenma gives birth to a new name and outlines a new future

China News Service, Pingdingshan, September 8 (Wang Yu) On September 8, China Pingmei Shenma Holding Group Co., Ltd. held a name change and unveiling ceremony in Pingdingshan City, Henan Province, marking its 67th anniversary. The name was officially It was changed from “China Pingmei Shenma Energy and Chemical Group Co., Ltd.” to “China Pingmei Shenma Holding Group Co., Ltd.” (hereinafter referred to as China Pingmei Shenma), and the corporate logo was also updated.

At the name change and unveiling ceremony, Li Mao, Secretary of the Party Committee and Chairman of China Pingmei Shenma, said that as an important backbone of provincial state-owned enterprises, the group has successfully embarked on a characteristic transformation and development path through bold innovation, and has made great strides in inheritance and development. The era of highquality, high efficiency and high benefits. This name change is in line with the general trend of development, the direction of the trend, and the need for transformation. It not only clarifies the functional positioning of the group’s headquarters to manage capital and manage strategy, but also reflects the characteristics of a modern enterprise that focuses on its main responsibilities and main business and highlights quality and efficiency.

In recent years, China Pingmei Shenma has been accelerating its transformation into a new energy new material enterprise, building new nylon materials, silicon materials, and carbon materials with coking coal as the source. and other characteristic industrial chains. It owns three listed companies, Pingmei Co., Ltd., Shenma Co., Ltd., and Yicheng New Energy Co., Ltd., and seven NEEQ-listed companies. It has established trade, capital and other cooperative relationships with more than 40 Fortune 500 companies and multinational groups. Total assets exceed 230 billion yuan, and more than 70% of its subordinate enterprises have become mixed ownership. It is a large state-owned enterprise operating across regions, industries, and ownership systems. This year, it is expected to achieve “double 10 billion” in profits and taxes, and its industrial output value will exceed 120 billion. Yuan.

“In the future, China Pingmei Shenma will feature green and low carbon, vigorously develop emerging future industries such as nylon and silicon carbon materials and new energy sources from coal salt, and accelerate its entry into high-end nylon and aramid products. , polycarbon materials, anode materials, semiconductor materials, green energy storage, coal bed methane development and other green high-end industrial fields. Strive to achieve main business income of 240 billion yuan, industrial output value of 200 billion yuan, and total profits and taxes of over 30 billion yuan by 2030 Yuan.” Li Mao said.

It is understood that China Pingmei Shenma was reorganized from the former Pingmei Group and the former Shenma Group, two Fortune 500 companies in China. Yuanping Coal Group is one of the key projects in the country’s “First Five-Year Plan”. It has built the first large-scale coal base that was independently explored and designed in New China. It is known as the “Zhongyuan Coal Bunker”; the former Shenma Group is one of the key projects of the reform and opening up. It was one of the first nine key construction projects introduced by the country at the beginning. It was the first modern enterprise in China to introduce a complete set of advanced Japanese equipment and technology to produce nylon 66 industrial yarn and dipped cord fabric. It ended the high-quality tire frame materials in my country. A long history of dependence on imports.

On December 5, 2008, the former Pingmei Group and the former Shenma Group joined forces to establish China Pingmei Shenma Energy and Chemical Group Co., Ltd. Through the reorganization, the two major groups complemented each other’s advantages and opened up the world’s most complete coal-based nylon chemical industry chain, realizing the multiplication effect of “1+1>2” and promoting enterprises from the Central Plains to the whole country and integrating into the world. (End)

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