A brief introduction

JIN HUA CHLOR-ALKALI STOCK CO.,LTD. is a listed company set up through collecting capital by JIN HUA CHEMICAL INDUSTRY(GROUP) CO.,LTD.--an oversize state owned enterprise.It was registered at Liaoning Industrial & Commercial Administration Bureau and listed at Shenzhen stock exchange house on Octomber 17.Its public circulating sections were first emited in Suptember 1997 with amount of 90 milliom.

Shorted form of the stock:JIN HUA CHLOR-ALKALI;stock code:000818

English name of the company:JIN HUA GROUP CHLOR-ALKALI CO.LTD.

Abbreviation:JHC

Address:HUAGONG STREET LIANSHAN BLOCK HULUDAO CITY,LIAONING PROVINCE

Postalcode:125001

E-mail address:jhljgf@online.ln.cn

Legal representative:Zhang Lijun

We have a suply and sales head office,a functional management branch and three factories of colophony٬chroline-alkali and polyether.Among its 4742 employees,workers are 3893,accounts for 82.1%;2.7% are salesmen,with the number of 128;450 technicians account for 9.49%;and 271 managers account for 5.72%.

5% of the employees,exactly 199,have got education of undergraduate course or above;11%--520 are graduated from junior college;16%--745 have the title of technical post.

We have 36% stocks of Huludao JinHua PVC Co.Ltd.,36% of Huludao JinHua Chloroethylene Co.Ltd.and 18% of Huludao Jinhui Chemical & Industrial Store & Transportation Co.Ltd.

Main products & use

Our main products are NaOH,benzene chloride,liquid chlorine,PVC,triclorethylene,epihydrin,polyether,propylene glycol,combined muriatic acid,byproduct muriatic acid,hypchlorite,acetylene,hydrogen.

HaOH is one of the important basic materials of chemical industry which is widely be used.It is mainly used to glue rayon,sythesize fibre,dye intermediate,regenerate rubber,dye fabric,produce paper and soap,process hides,refine petroleum.

Benzene chloride can be used to produce hundreds of chemical products,and it is the material of caliche sulfuryl chlorobenzene,diphenyl ether,dyestuff,medicine and pesticide industry.

PVC is one of the five most universal colophony.It is used to produce high leval electric insulated materials,common plastic soft products,industrial and cival membrane,hard pipe,hard parcle,cannula,section bar.

Triclorethylene is under development in mainland China now.It can be used for porous materials,metalwork's scour,dry cleaning agt,some organic substance's extractant and anesthetic.

Epihydrin is mainly used to produce polyether polyalcohol and propylene glycol.Polyether polyalcohol is widely used on family electrical appliance,housewares,buildings,autos,planes,,airproof,heat preservation,pipeline,decorate,sport equipment,etc.Propylene glycol is mainly used on industry and medicament.

Main production equipments

We fetched in two ion membrane NaOH devices with a productivity of 40,000 tons and 80,000 tons per year in 1986 and 1998.Another device with a productivity of 120,000 tons per year was put in use in the end of 2000 which engendered a sweeping productivity and a boosting marcket occupancy.Now,we have a throughput of 290,000 tons per year which ranks two in domestic industry.

We established a set of PVC production device in late 1950s and fetched in the most advanced PVC polymerization technique and key equapments from USA in 1986.The throughput have been boosted from 20,000 tons to 50,000 tons per year after a quite extensive technic reclaim.We bought 36% stock rights of newly founded Huludao JinHua PVC Co.Ltd.and Huludao JinHua Chloroethylene Co.Ltd.and became their prima stockholder.Now,the throughput of PVC are 130,000 tons per year which ranks five in domestic industry.We also be able to produce all the 1~8 types of colophony listed in national stndard.

We bought the group company's epihydrin production device of 20,000 tons throughput per year and an ongoing project of 80,000 tons per year in the end of 2000.The former had a throughput of 50,000 tons per year after technic reclaim,and the other one was put into use in september,2001.Our throughput of epihydrin series ranks one both at home and in Asia with epihydrin 130,000 tons and polyether 110,000 tons per year.

We have a set of benzene chloride production device with a throughput of 20,000 tons per year and a set of triclorethylene with a throughput of 6,000 tons per year which both rank two in domestic industry.
Stock market survey

Recent affairs

We had a temporary stockholder's meeting on Nov.16,2001.Following are the consideration that the meeting passed:sujoin Mr. Zhang Lijun,Mr. Liu Xudong and Ms. Yang Cuijie as the directers of the second directorate;subjoin Mr.Zhu Shuting,Mr.Wang Yi'an as the supervisors of the second board of supervisors. Mr.Zhang Lijun was elected the board chairman of the second directorate and Mr.Zhu Shuting was elected the chairman of the second board of supervisors.

Newly elected board chairman:

Zhang Lijun,male,39 years old,member of CCP,postgraduate educational background,senior engineer,the board chairman,general manager and secretary of the Party committee of JIN HUA CHEMICAL INDUSTRY(GROUP) CO.LTD.