Hubei Yihua Group Co., Ltd. is a large-scale, state-owned enterprise that is engaged in chemical and raw material production, engineering and technological services, and investment and asset management. Established in 1959, over the years, the Company has achieved rapid and all round development, with total assets the end of 2015, and achieved an increase of 16.1% year-on-yearly.
The group is dedicated to chemical industry and auxiliaries, ion-exchange membrane, building and decoration materials, aluminum & copper, non-ferrous metals, UBS module, and newspaper printing. Currently, the Company has established 12 wholly-owned or holding subsidiaries, 9 joint venture Industrial parks, and 11 production bases, located throughout China. The company has 5 different production sites that include 16 large-scale production workshops, and 6 research and development centers. The company also participates in the funding of more than 200 projects, some of which are internationally renowned and have helped to increase the company’s global presence.
Hubei Yihua Group Co. Ltd’s investment divisions cover finance, real estate, foreign trade, cultural innovation and machinery engineering. Amongst these industries the company’s focus is in manufacturing and operation of hot rolled aluminum, new energy materials, and steel belt saw blade. It is also a major investor in technology, yielding 5 invention-patent certificates, 7 utility-model patents, 6 software copyrights and 270 foreign projects.
Most recently, Hubei Yihua Group Co. Ltd. increased its rate of capital expansion, focusing primarily in areas where new energy is highly demanded. This expansion has accepted the challenge presented to the company and has set the stage for a vigorous development in many sub-sectors such as chemical, metallurgical and construction material production.
The group has earned high reputation from government agencies, customers and all sectors of society. In 2016, the group passed ISO 9001 and ISO14001. The products are certified for CCC, CE and other international certifications. The company was awarded Excellent Management Company by China Petroleum & Chemical Corporation and UBE Group.
In the future, the group will continue to follow internationalization, and innovation-driven strategic development plans. It will also strive to enhance its core competitiveness, promote the integration of its financial and industrial resources, and become a leading international enterprise in its field. At present, the company is striving to become the first energy-saving, low-carbon and green company in its respective industry. To pursue this end, the company is investing heavily in researching and developing advanced energy-saving and environment-friendly products. It is hoped that these efforts will help the company become an important player in the global chemical and financial industry.
