Huayi Group

Shanghai Huayi Holding Group Co., Ltd. (hereinafter referred to as "Shanghai Huayi") is a large chemical enterprise group established through asset restructuring, authorized by the State-owned Assets Supervision and Administration Commission of Shanghai Municipal Government. It is a main pioneer and builder of Shanghai Chemical Industry Park and one of the major shareholders of Shanghai Chemical Industry Development Co., Ltd.

Shanghai Huayi adheres to the five development strategies of "green development, innovative development, high-end development, cross-regional development, and integrated development", forming five core businesses: "energy and chemical industry, green tires, advanced materials, fine chemicals, and chemical services". Its products cover truck tires, passenger tires, basic chemicals, clean energy, fluorine-containing chemicals, new materials, coatings, pigments, and pharmaceutical intermediates. Among them, major products such as methanol, acetic acid, acrylic acid and its esters, fluorine-containing refrigerants, polytetrafluoroethylene, polyvinylidene fluoride, and truck tires are leading in the domestic market. The group has 46 factories and production bases in 16 provinces, municipalities, and autonomous regions including Guangxi, Anhui, Chongqing, Xinjiang, Inner Mongolia, and Shandong, as well as overseas, basically forming a development pattern of "One Huayi, nationwide business, overseas expansion".

Shanghai Huayi has strong technological research and development capabilities. In 2019, it jointly restructured with Shanghai Research Institute of Chemical Industry to build the Group Central Research Institute, aligning with national strategic needs and continuously enhancing innovation sourcing capabilities. Currently, it has 1 key national laboratory, 1 national engineering technology research center, 2 provincial and ministerial key laboratories, 4 national enterprise technology centers, 9 provincial and ministerial enterprise technology centers, 16 provincial and ministerial engineering technology research centers, 32 high-tech enterprises, and has established 4 academician workstations, 3 postdoctoral workstations, and 3 international cooperation laboratories.

Shanghai Huayi's affiliated enterprises and institutions include Double Coin Holdings Ltd., Shanghai Huayi Energy Chemical Co., Ltd., Shanghai Chlor-Alkali Chemical Co., Ltd., Shanghai Huayi New Materials Co., Ltd., Shanghai Huayi Sanai Fu New Materials Co., Ltd., Shanghai Research Institute of Chemical Industry Co., Ltd., Guangxi Huayi Energy Chemical Co., Ltd., Guangxi Huayi New Materials Co., Ltd., Shanghai Huayi Fine Chemical Co., Ltd., Shanghai Huayi Group Investment Co., Ltd., Shanghai Tianyuan (Group) Co., Ltd., Shanghai Huayi Group Asset Management Co., Ltd., Shanghai Chemical Science and Technology Information Research Institute, and Shanghai Chemical Environmental Protection Monitoring Station. Among them, "Huayi Group" and "Chlor-Alkali Chemical" have issued both A and B shares.

With the vision of "building a chemical enterprise group with international competitiveness and influence, and becoming a company needed by society and respected by people", the group has achieved agglomeration of advantages and chain development through strategic expansion, industrial adjustment, innovation, and transformation in recent years. Its business is carried out in 11 provinces and cities nationwide, and out-of-city business accounts for 60%. In addition, the group has established more than 40 joint ventures with multinational companies such as DuPont, BASF, Bayer, and has achieved strategic cooperation with central enterprises such as Baosteel and Sinopec.

Shanghai Huayi has always adhered to the development concept of "Green Chemical Industry, Better Life", and will adhere to "digital, high-end, technological, and global" development, accelerating the construction of a leading enterprise with international competitiveness and influence.