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Through joint ventures and cooperation, the Transchem Group, which started with traditional chemical products, has formed “four core industries†of fine chemicals, daily chemicals, high-tech agriculture, logistics business and capital investment on its industrial map.
Wu Jianhua, vice president of Chuanhua Group, said in an interview with reporters that Chuanhua's fine chemicals and daily-use chemical industries are already leading the industry and can provide stable cash flow for the group, but the traditional project of fine chemical industry is in oil after all. Downstream of the chemical industry chain, there is limited room for further growth. To become bigger, stronger, and longer-lasting in the fine chemical industry, we must enter the upstream and capital- and technology-intensive non-chemical sectors.
He disclosed that in 2004, both the terminal and the airport business had been included in the share acquisition strategy of the Company. Including Beilun Port in Ningbo, the current state policy barriers are still very tight in such areas as docks, airports, petrochemicals, and heavy chemical industries.
When referring to the long-range development goals of the Transchem Group, Xu Guanju, chairman of the Transchem Group, disclosed: “Transfer has the courage to advance into the upstream chemical industry and monopoly industries such as chemical engineering, petrochemicals, terminals and airports.â€
Vice President Wu Jianhua also disclosed that in cooperation with foreign investment, the three multinational companies that have already established joint ventures with, or are in communication with, Transworld are Global 500 companies. At present, there is also a global top 500 chemical company in Germany that is seeking cooperation with Transchem.
The fine chemicals industry that Chuanhua Group excels at is not a capital-intensive industry, and the company's scale and brand advantages, along with the “double-intensity†cliffs of technology and capital, have reversed to the petrochemical, non-chemical and monopoly industries. And expansion.
In recent years, Zhejiang Longsheng Group, which is Asia’s largest manufacturer of disperse dyes, has boldly proposed a strategy for expanding upstream. The chairman of the group, Qishui Long, told the reporter that Longsheng will use the advantages of industrial park integration in the next five years to integrate the upper reaches of the dye supply chain and continue to improve and enhance the industrial cluster. By 2010, Longsheng will achieve sales of over 10 billion yuan and profits exceeding 1.5 billion yuan, becoming a large flagship enterprise and a world-class manufacturer and service provider of textile chemicals.
To achieve this goal, Longsheng Group will fully enter the upstream area of ​​textile chemicals, and is entering the field of indigo and cationic dyes. It is ready to enter the field with dyeing and finishing auxiliaries and direct dyes. The next step is to enter the fields of medicine and pesticide intermediates. After 5 years, Longsheng will form a product structure with textile chemicals as the framework, dyes as the mainstay, and chemical intermediates as the backing. The establishment of “based on domestic sales, export-oriented sales, and joint sales The supplementary business model will continue to provide new impetus for the development of Longsheng's "great dye" industry.
At the beginning of this year, after the state encouraged and supported the release of non-public capital into industries, fields such as infrastructure, monopoly industries, and public utilities, Zhejiang private capital quickly extended its investment tentacles into the national monopoly industries, while investing in state-owned capital has always been The electricity, oil and other energy fields are undoubtedly one of the highlights.
Some Zhejiang merchants have chosen to invest in oil projects. Wenzhou female entrepreneur Wang Rongsheng borrowed more than 2 million yuan to buy three wells and put it into production last year and he earned huge profits. Now, Rongsheng Wang has bought more than 30 oil wells and brewing larger mining plans. Jiang Jinman, owner of Zhejiang Jinhua Kangda Window Industry Co., Ltd., was even more “disheartenedâ€. In April 2004, he obtained the right to develop a small oil field in the Qaidam Basin. Recently, he will form a larger "investment alliance" to invest in Inner Mongolia to explore crude oil. Jin Liansheng, an official with the Zhejiang Provincial Economic and Trade Commission, said that Ren Wenda, chairman of Zhejiang Yunshi Group, is currently preparing for the Zhejiang Petroleum Chamber of Commerce. It is expected that more Zhejiang businessmen will join the “finding oil†boom in the near future.
In recent years, the joint venture and cooperation project of Zhejiang Chuanhua Group has been active. In August 2002, the group cooperated with domestic enterprises to invest in the construction of a high-tech agricultural demonstration project in Zhejiang Province; in November of the same year, it passed the daily business of a joint venture with Kao Corporation of Japan. In April 2004, Chuanhua Group signed a contract with the Japanese Kirin Company to invest in agricultural projects. In November of the same year, Transfar purchased 5.3% of the state-owned legal person shares of Zhenghong Science and became the second largest company in this agricultural sector. shareholder. In July of this year, the State Bureau of Jiande City of Zhejiang Province and Chuanhua Group reached an agreement to adopt the agreed transfer method to hold 6,887,100 shares of Zhejiang Xin'an Chemical Co., Ltd. (29.77% of the total share capital). The State shares were transferred to the Transchem Group, making the Transchem Group the largest shareholder of Xinan Chemical.