Mingquan Group

Mingquan Group Joint-stock Co., Ltd. is located in the Diao Town Chemical Industry Park, Zhangqiu District, Jinan City. Its predecessor, Jinan Mingshui Fertilizer Plant, was founded in 1958 and was one of the first batch of 13 small nitrogen fertilizer demonstration plants in China. In June 2005, it implemented strategic joint venture cooperation with Shanxi Jincheng Anthracite Mining Group Co., Ltd. The company currently has more than 2,600 employees, and its main products include methanol, liquid ammonia, urea, hydrogen peroxide, pyridine, etc.
In recent years, on the basis of optimizing and upgrading the capacity of basic chemical products, the company has concentrated resources on developing towards the direction of "new three high" products. With the commissioning of the Ningyang project and the integration of high-quality production capacity in the industry, the production capacity of basic products will rank among the top three in the domestic industry, striving to be the industry leader. In the next five years, the sales revenue proportion of "new three high" products will reach more than 1/3, and the profit proportion will reach more than 50%. The company's development quality, core competitiveness, and comprehensive strength will achieve a qualitative leap, becoming an excellent and strong modern new enterprise group.