Shengquan Group goes public today: plans to raise 1.84 billion yuan to expand production of high-end phenolic composite materials and resins

Today (August 10), Jinan Shengquan Group Co.
, Ltd.
(hereinafter referred to as "Shengquan Group") was officially listed on the Shanghai Stock Exchange with the stock code 605589.
SH
.

Today (August 10), Jinan Shengquan Group Co.
, Ltd.
(hereinafter referred to as "Shengquan Group") was officially listed on the Shanghai Stock Exchange with the stock code 605589.
SH
.

The prospectus shows that Shengquan Group is a high-tech enterprise whose main business is the research and development, production and sales of synthetic resins and composite materials, biomass chemical materials and related products
.

In this IPO, Shengquan Group intends to use the 1.

The prospectus shows that Shengquan Group is a high-tech enterprise whose main business is the research and development, production and sales of synthetic resins and composite materials, biomass chemical materials and related products

From 2018 to 2020, Shengquan Group's operating income was 6.

According to the prospectus, Shengquan Group’s main products are synthetic resins and composite materials, biomass chemical products and sanitary protection products

In 2020, Shengquan Group's revenues from synthetic resins and composites, biomass chemical products, and sanitary protection products will be 5.

Shengquan Group stated that the company has a wide-ranging and fast-response marketing system in the industry.
Its products are exported to more than 70 countries and regions in Europe, America, Southeast Asia, and South America, and it has established a technical service system for product development and after-sales
.

The company’s main customers include Xinweixiang, Danisco, Hongren Electronics, HAEWON FM CO.

Shengquan Group stated that the company has a wide-ranging and fast-response marketing system in the industry.

Shengquan Group was founded in 1979, covers an area of ​​more than 3,200 acres, currently employs 3,400 people, and has total assets of 6 billion yuan.

At present, the advancement of existing technologies and technical reserves, industrial scale, market share, innovation ability, influence, future development potential, etc.

One is the exclusive ownership of 6 straw circular economy industrial chains in the world;

The second is the world's largest production and sales volume of casting materials based on furan resin (capacity of 200,000 tons, accounting for 50% of the domestic market share);

The second is the world's largest production and sales volume of casting materials based on furan resin (capacity of 200,000 tons, accounting for 50% of the domestic market share);

The third is the world's largest plant with an annual output of 20,000 tons of xylose and 1,500 tons of L arabinose;

The third is the world's largest plant with an annual output of 20,000 tons of xylose and 1,500 tons of L arabinose;

Fourth, it is the world's largest shovel shovel 10,000 cubic foam ceramic filter production line;

Fourth, it is the world's largest shovel shovel 10,000 cubic foam ceramic filter production line;

Fifth, it is the world's largest production line of modified phenolic and polyurethane energy-saving new materials with an annual output of 50 million square meters;

Fifth, it is the world's largest production line of modified phenolic and polyurethane energy-saving new materials with an annual output of 50 million square meters;

Sixth, it is the largest 350,000 tons phenolic resin production line in Asia, which ranks among the top three in the world, with a domestic market share of about 1/3.

Sixth, it is the largest 350,000 tons phenolic resin production line in Asia, which ranks among the top three in the world, with a domestic market share of about 1/3.
"Antefu" phenolic fire insulation board is the world's largest phenolic insulation board production base
.