Sinopec Yizheng Chemical Fiber Company Limited
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Sinopec Yizheng Chemical Fiber Company
Limited - Company Capsule
Reference Code: BR1354CC
Published Date: April 2011
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Sinopec Yizheng Chemical Fiber Company Limited - Page 1
Company Capsule
Sinopec Yizheng Chemical Fiber Company Limited
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Sinopec Yizheng Chemical Fiber Company Limited - Company Overview
Sinopec Yizheng Chemical Fiber Company Limited (Sinopec) is a China based company that principally engages in the
manufacturing of chemical fiber and chemical fiber raw materials. The product portfolio of the company includes polyester
chips, polyester fiber, staple fiber, hollow fiber, filament and purified terepthatic acid (PTA). The company’s products are
principally used in textile technology, transportation and technological support. The production lines of the company
includes 2 PTA production lines, 14 polyester production lines, 18 polyester staple fiber production lines, 4 hollow fiber
production lines, 20 polyester filament production lines and 5 bottle grade chips SSP production lines. Sinopec is
headquartered in Jiangsu, China.
Financial Performance
The company reported revenue of CNY13,225.03 million during the fiscal year ended December 2009. The company's
revenue declined at a Compounded Rate of 12.25% during the period 2007-2009 with a year on year decrease13.13 of
XX% over fiscal year 2008. During the fiscal year 2009, its operating margin was 2.93% as against an operating margin of
-10.18% in fiscal year 2008. During the fiscal year 2009, the company registered a net margin of 2.92% as against a net
margin of -10.78% in the fiscal year 2008.
Sinopec Yizheng Chemical Fiber Company Limited - Key Facts
Sinopec Yizheng Chemical Fiber Company Limited, Key Facts
Sinopec Yizheng Chemical
Ticker Symbol, Stock 600871 (Shanghai Stock
Corporate Address: Fibre, Yizheng, , 211900, China Exchange Exchange)
Telephone + 86 514 83232235 No. of Employees 8,314
Fax + 86 514 83235880 Financial Year End December
URL www.ycfc.com Revenue (in CNY Million) 13,225.03
Industry Chemicals Revenue (in USD Million) 1,933.48
Locations China
Source: Annual Report, Company Website, Primary and Secondary Research
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Sinopec Yizheng Chemical Fiber Company Limited - Company Page 2
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Sinopec Yizheng Chemical Fiber Company Limited
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Sinopec Yizheng Chemical Fiber Company Limited - Major Products and Services
Sinopec Yizheng Chemical Fibre Company Limited is principally engaged in the manufacturing of chemical fibre and
chemical fibre raw materials. Key products offered by the company include the following:
Sinopec Yizheng Chemical Fiber Company Limited, Major Products and Services
Products:
Polyester Chips
Polyester Fiber
Staple Fiber
Hollow Fiber
Filament
Purified Terepthatic Acid (PTA)
Source: Annual Report, Company Website, Primary and Secondary Research
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Sinopec Yizheng Chemical Fiber Company Limited - Company Page 3
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Sinopec Yizheng Chemical Fiber Company Limited
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Sinopec Yizheng Chemical Fiber Company Limited - Key Competitors
The following companies are the major competitors of Sinopec Yizheng Chemical Fiber Company Limited:
Dandong Chemical Fibre Co., Ltd
Nanjing Chemical Fibre Co.,Ltd.
Shanghai Worldbest Co. Ltd
Shandong Wanjie High-Tech Co.,Ltd.
China Man-Made Fiber Corporation
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Sinopec Yizheng Chemical Fiber Company Limited - Company Page 4
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Sinopec Yizheng Chemical Fiber Company Limited
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Sinopec Yizheng Chemical Fiber Company Limited - Key Employees
Sinopec Yizheng Chemical Fiber Company Limited, Key Employees
Name Job Title Board Level Since Age
C. Y. Wu Tom Company Secretary Senior Management 2001 48
Fang-zheng Chen Director Non Executive Board 2008 63
Guan Diao-sheng Director Non Executive Board 2002 47
Heng-ge Qian Chairman Executive Board 2007 59
Hong Zhang Director Non Executive Board 2002 51
Chief Legal Consultant, Chief Financial
Jian-ping Li Senior Management 2006 47
Officer
Jian-xin Li Senior Engineer Senior Management 2007 52
Wei Zhen Xiao General Manager, Vice Chairman Executive Board 2007 56
Director, Deputy Director Development
Wei-zhong Qin Executive Board 2008 38
and Plan
Director, Deputy Director Development
Wei-zhong Qin Senior Management 2008 38
and Plan
Xi-jun Shen Deputy General Manager, Director Executive Board 2004 49
Xing-ping Long Director Non Executive Board 1999 58
Xiong-sheng Yang Director Non Executive Board 2008 50
Xu Qiao Director Non Executive Board 2008 48
Zhen-hua Shi Director Non Executive Board 2008 63
Zhi-hong Sun Vice Chairman Executive Board 1999 60
Zhong-an Zhang Deputy General Manager Senior Management 2004 49
Source: Annual Report, Company Website, Primary and Secondary Research
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Sinopec Yizheng Chemical Fiber Company Limited - Company Page 5
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Sinopec Yizheng Chemical Fiber Company Limited
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Sinopec Yizheng Chemical Fiber Company Limited - Locations and Subsidiaries
Head Office
Sinopec Yizheng Chemical Fiber Company Limited
Sinopec Yizheng Chemical Fibre
Yizheng
Zip: 211900
China
Tel: + 86 514 83232235
Fax: + 86 514 83235880
Other Locations & Subsidiaries
Sinopec Yizheng Chemical Fiber Company Limited, Subsidiaries
Yihua Kangqi Chemical Fibre Company Limited
YCFC Jingwei Chemical Fibre Company Limited Yihua Kangqi Chemical Fibre Company Limited
China