On December 10, Shandong Dongyue Group successfully completed the global offering and officially listed on the Main Market of the Hong Kong Stock Exchange. This will become a new starting point for the group to enter the international market and lay a solid foundation for building a world-class fluorine chemical industry.
Dongyue Group is a privately-owned company with refrigerant and fluorine-based materials as its leading products and is one of the leading domestic fluorine chemicals companies. The Group has been committed to the development of new environmental protection, new materials, and new energy industries, breaking foreign technology monopolies in a number of fields and forming a unique market competitive advantage. Dongyue Group has successively undertaken major national science and technology projects such as the National Key Torch Plan, the National 863 Plan, and the “Eleventh Five-Year†National Science and Technology Support Plan. Its ion-implantation project was determined by the Shandong Provincial Government as the high-tech province of Shandong Province with the support of the entire province. One project. In April 2002, Dongyue Group entered the 3,000-ton project and began to enter the name of “plastic king†PTFE. Two years later, Dongyue Group built the first domestic 10,000-ton-grade PTFE project with independent intellectual property rights and reached world advanced level, completely changing China's fluorochemical polymer materials mainly relying on imports and low-grade and small-scale production. History. Now, Dongyue has three sets of tetrafluoroethylene million units, and the annual output of PTFE is equivalent to the national output in 2004.
In September 2003, Dongyue Group's perfluorinated ion exchange resin technology achieved a major breakthrough. Experts commented that this achievement has made China the second country after the United States that has independent technology and is capable of producing perfluorinated ion exchange membranes. It will rewrite all the ion membranes required for ion-exchange membrane caustic soda equipment for chlor-alkali industry. It will also contribute to China’s advancement in the field of fuel cell development in the world.
Up to now, the leading product of Dongyue Group has the largest scale of green environmental protection refrigerants, PTFE polymer materials, technology, and market share. It is DuPont, Daikin, Mitsubishi, Haier, Hisense, Gree, Midea, Changhong, The first supplier of famous companies such as Chunlan.
According to reports, Dongyue Group's IPO operation began in March this year. The Hong Kong Citigroup was the sponsor of the company. An investor promotion meeting was held on November 19, and a press conference was held in Hong Kong on November 25, November 26. The day began with a public offering. It is reported that the funds raised this time will be mainly used to expand the production capacity of existing products and the R&D and production of new products so as to increase the market competitiveness of Dongyue Group and open up a broader space for future development.
Dongyue Group is a privately-owned company with refrigerant and fluorine-based materials as its leading products and is one of the leading domestic fluorine chemicals companies. The Group has been committed to the development of new environmental protection, new materials, and new energy industries, breaking foreign technology monopolies in a number of fields and forming a unique market competitive advantage. Dongyue Group has successively undertaken major national science and technology projects such as the National Key Torch Plan, the National 863 Plan, and the “Eleventh Five-Year†National Science and Technology Support Plan. Its ion-implantation project was determined by the Shandong Provincial Government as the high-tech province of Shandong Province with the support of the entire province. One project. In April 2002, Dongyue Group entered the 3,000-ton project and began to enter the name of “plastic king†PTFE. Two years later, Dongyue Group built the first domestic 10,000-ton-grade PTFE project with independent intellectual property rights and reached world advanced level, completely changing China's fluorochemical polymer materials mainly relying on imports and low-grade and small-scale production. History. Now, Dongyue has three sets of tetrafluoroethylene million units, and the annual output of PTFE is equivalent to the national output in 2004.
In September 2003, Dongyue Group's perfluorinated ion exchange resin technology achieved a major breakthrough. Experts commented that this achievement has made China the second country after the United States that has independent technology and is capable of producing perfluorinated ion exchange membranes. It will rewrite all the ion membranes required for ion-exchange membrane caustic soda equipment for chlor-alkali industry. It will also contribute to China’s advancement in the field of fuel cell development in the world.
Up to now, the leading product of Dongyue Group has the largest scale of green environmental protection refrigerants, PTFE polymer materials, technology, and market share. It is DuPont, Daikin, Mitsubishi, Haier, Hisense, Gree, Midea, Changhong, The first supplier of famous companies such as Chunlan.
According to reports, Dongyue Group's IPO operation began in March this year. The Hong Kong Citigroup was the sponsor of the company. An investor promotion meeting was held on November 19, and a press conference was held in Hong Kong on November 25, November 26. The day began with a public offering. It is reported that the funds raised this time will be mainly used to expand the production capacity of existing products and the R&D and production of new products so as to increase the market competitiveness of Dongyue Group and open up a broader space for future development.
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