Shandong Sunway Chemical Group Co., Ltd.
002469.SZ
Shenzhen Stock Exchange6.43
CNY
-0.01
- -
Shandong Sunway Chemical Group Co., Ltd.
002469.SZ
(Shenzhen Stock Exchange)
Recent
price
6.43
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Shandong Sunway Chemical Group Co., Ltd. (002469.SZ) is a high-tech chemical group company that integrates research and development of chemical and petrochemical technologies and products, engineering and technical services, and production and sales of catalysts and basic chemical raw materials; its operations emphasize the mutual development of technology, engineering, and industry in the petrochemical, coal chemical, new energy, and new materials sectors. The company provides engineering consultation, feasibility studies, project evaluation, engineering design including scheme, general, basic, and detailed designs, PMC management, EPC contracting, startup services, technical consultation, technology development and transfer, and plant design services covering site selection, process selection, and full life cycle operations; it has completed over 500 projects such as atmospheric and vacuum distillation, catalytic cracking, hydrorefining, sulfur recovery with 224 units totaling 11.58 million tons/year capacity, gasification, MTBE, lubricating oil, hydrogen energy, energy storage, and photothermal units, primarily for clients including Sinopec, PetroChina, and other top enterprises across China and regions like Southeast Asia, Central Asia, and the Middle East. Core chemical products encompass high-purity n-propionaldehyde, n-propanol, isopropanol, n-butyraldehyde, isobutyraldehyde, n-butanol, n-valeraldehyde, isovaleraldehyde, n-amyl alcohol, isoamyl alcohol, n-propyl acetate, mixed butanol, crude octanol, and carbon-12 residual liquid produced by wholly-owned subsidiary Zibo Nuoao Chemical Co., Ltd., China's largest n-propanol manufacturer and leading amyl alcohol sales entity; catalyst offerings include over 30 specifications such as QDB series CO sulfur resistant conversion catalysts from holding subsidiary Qingdao Lianxin Catalytic Materials Co., Ltd., desulfurizers, and detoxification agents, alongside cellulose acetate butyrate and rare earth rubber catalysts from Qingdao Weishi Catalytic New Material Technology Co., Ltd. with 50,000 tons/year capacity; capacities include 30,000 tons/year for C3, C4, C5, and C8 alcohols, 30,000 tons/year for propionic, butyric, and valeric acids, and 100,000 tons/year for n-propyl acetate. Founded in 1969 as Shengli Refinery Qilu Petrochemical Design Institute and headquartered at No. 22 Lianchang Middle Road, Linzi District, Zibo, Shandong Province, China, the company underwent restructuring in 2004, renamed to Shandong Sunway Petrochemical Engineering Co., Ltd. in 2007, listed on the Shenzhen Stock Exchange SME Board in 2010, and rebranded to its current name on May 17, 2021; it holds national high-tech enterprise status, Shandong Province Enterprise Technology Center accreditation, and over 40 patents including international advanced on-line furnace sulfur recovery technology. Recent major changes include the 2020-2021 acquisitions totaling over 99% stake in Zibo Nuoao Chemical Co., Ltd. for enhanced chemical production integration, a 2023 acquisition of 70% stake in a local chemical plant adding 200,000 tons/year specialty chemicals capacity projected to contribute RMB 1 billion in first-year revenue, substantial R&D investments reaching RMB 300 million in 2022 focused on biodegradable surfactants and eco-friendly solutions, and ongoing expansions in hydrogen energy projects like Qingdao Refining and Chemical's hydrogen resource base EPC alongside commitments to international growth and sustainability initiatives aligning with carbon peak and neutral goals.