Sinochem Hebei CO. (Sinochem Hebei for short), established in October, 1974, is a subsidiary wholly owned by China Sinochem Corporation, as one of the Fortune 500 enterprise in the world. It is an enterprise with AAA-credit appraised by Bank of China, double A-grade enterprise appraised by the customs and A-grade enterprise in foreign exchange management.

After more than 30 years of painstaking efforts and unremitting exploration, Sinochem Hebei has grown from a small company into a big one and further into a strong corporation. A strategic frame supported by the five core businesses (named, Tomato Paste, Chrome Ore, Acrylonitrile, Barium and Strontium Salts and Fine Chemicals), supplemented by other main businesses and development businesses. The professional, serial and intensive operation of some of its products is holding a leading position in certain domestic market fields. In 2006, its trade amount rose to more than RMB2 billion yuan, total asset got RMB650 million yuan. Its core value and competitiveness improved step by step. It became a comprehensive company integrating scientific research, industrial production and trading.

In recent years, the company got itself adapte to change in external environment actively, promoted market-oriented development strategies initiatively, expedited business transformation, innovated management mechanism. Then the company construction was promoted into a positive development track. So far, the corporation has established stable and smooth trade communication with many domestic and overseas enterprises and clients, and has made strategic alliances with many famous enterprises. The company has established a scientific, strict, normative and orderly internal organization framework and management mechanism. Further more, it has improved the management and control of marketing system, the human resource management system, the performance evaluation system, the cost management system and the trade standardization process. So it has formed the enterprise spirit and culture of “Painstakingly Carving Out, Never Complaining about Difficulties”, and has built up a competent and efficient corporate image.

Facing with the new opportunities and challenges in the market, Sinochem Hebei will keep a far-reaching ambition and seeking after excellence. It committed to establish itself into a marketing service provider and product service provider with more predominance and sustainable development in some major fields in three years, which are major in small ores and its processed products such as Lapis lazuli and chromite, fine chemicals such as Pyridine acid and Propyzamide, Processing tomato products, Acrylonitrile and its downstream products, and to enter the Sinochem Group’s center of advanced domestic enterprises. The company will constantly adhere to its guideline of being a leader in certain market fields, will accelerate the implementation of the strategic restructuring and management changes, will promote the enterprise healthy, harmonious and sustainable development actively, and will improve its enterprise value, employee value and client value simultaneity.

Sinochem Hebei adheres to the ideal of “creating value and seeking after excellence”. So we would like to cooperate with domestic and overseas friends in all walks of life commendably, and join hands in creating a better future.