Ningxia Yinglite
Chemical Co., Ltd. (called NYCC for
Short)is a middle-sized chemical
enterprise whose stocks listed in
Shenzhen Exchange from 1996. It is one
of the ten listed corporations in
Ningxia Autonomous Region.The total
capital
stocks are 114.526 million shares,in
which 52 million are negotiable
shares,and the rest 62.562 million
arecorporate shares.Ningxia Yinglite
Electric(Group)Co.Ltd. Is the holding
stockholder who owns 29% the total
capital stock.The toal capital of the
company amounts to 54.016 million Yuan.
There is 1896 staff and workers and the
company gets 300 million Yuan income
from sales a year.In 2000,the company
passed the authentication of ISO2000 and
England Sira International Quality
Authentication.
Seven functional departments are set up
under the corporation ,they are
President Office,Financial Affairs
Department,Production Department,Human
Resource Department ,Business
Administration Department, Securities
Department and Party and Mass Work
Department.And there are four operation
units under it:Branch Company for
Chlorine Alkali,Branch Company for
Cyanamide,Sales Company and the power
station for self-use.Ningxia West
Polyvinyl Chloride Co.Ltd.,Shizuishan
Qingshan Hotel Co.Ltd.,Ningxian Yinglite
Chemical Marketing Co.Ltd., And Ningxia
Yinglite Chemical Property Management
Company are subsideary holding companies
of NYCC.Ningxia Weining Activate Carbon
Co.Ltd.is a joint share company under
NYCC.The main products operated by NYCC
include calcium carbide,calcium
cyanamide,dicyandiamide,polyvinyl
chlorid, liquid custic soda, caustic
soda flakes,solid caustic soda, liquid
chlorine and hydrochloric acid.The
annual output of polyvinyl chlorid and
caustic soda are both 25000 tons. And
the annual output of calcium
carbide,calcium
cyanamide,dicyandiamide,dicyandiamide
electronic-grade,and hydrochloric acid
are 90,000 tons,40,000 tons,10,000
tons,1500 tons and 1200 tons
respectively.The calcium cyanamide and
dicyandiamide products won the title
of"new products of national grade".The
products are sold in the east,the
southwest and the northwest of China and
exported to Japan,the U.S,Germany and
more than ten countries and areas in the
Southeast Asia.
NYCC decided on a 3-step development
strategy based on the available
scale:The first step is expanding 50000
tons calcium cyanamide item and increase
the production scale from 40000 tons to
900000 tons and to make NYCC the largest
manufacturer for calcium,cyanamide in
Asia.The second step is constructing
120000 tons PVC projects. 931.53million
Yuan is invested for the projict and
NYCC holding the shares and Shang hai
Chlorine Alkali Company and Yinglite
Group will purchase shares.This company
has been registerd now,and is going to
put into production by the first half
year of 2005,and then the incomes to
sales will be 10 billion Yuan each year,
and becomes the largest enterpriser to
produce polyvinyl chorid by calcium
carbide method in china,The third step
is constructing PVC project with the
capacity of 500000 tons based on the
second step. The total investment is 40
billion Yuan,and the project is going to
be put into production in 2008.Then the
annual income of sales will be 35
billion yuan, and the benefit and tax
will be more than 6 billion Yuan.
Directed by the enterprise spirit of "
loyal,standardized,efficint,excllent",Ningxia
Yinglite Chemiceal Co.,Ltd.strides
forward to the strategy target of a
large enterprise combine electric power
and chemical industries. |