Introduction
Jinneng Chemical (Qingdao) Co., Ltd., established in 2018 and located in the beautiful coastal city of Qingdao, is a resource-efficient and economically circular petrochemical enterprise. It is wholly funded and constructed by Jinneng Technology Co., Ltd. (Stock Code: 603113). Jinneng Technology, founded in 2004, is a comprehensive chemical company that emphasizes resource efficiency and circular economy. With total assets of RMB 8.75 billion and over 3,000 employees, the company operates a national-level enterprise technology center and a national-level laboratory. It is recognized as an industry model for "resource-efficient, green, and low-carbon" circular development, holds the status of a National High-Tech Enterprise, and has been ranked among China's Top 500 Petroleum and Chemical Enterprises for nine consecutive years. In May 2017, the company was listed on the Shanghai A-share market (Stock Code: 603113).Jinneng Chemical is situated in the Qingdao Dongjiakou Economic Zone, with a total investment of RMB 20.3 billion and covering an area of 2291 acres. Utilizing world-class equipment and introducing global technologies, the company has pioneered a circular economy development model. Its planned projects include an annual production of 480,000 tons of green carbon black, 2 million tons of high-performance polypropylene, 1.8 million tons of propane dehydrogenation, and comprehensive utilization of clean hydrogen energy.
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